A provision of the SECURE Act changes what employers would have to disclose to employees at least once a year. Specifically, the law will require that the benefit statements sent to plan participants include a lifetime income disclosure at least once during any 12-month period. The disclosure will need to illustrate the monthly payments that […]

Have you heard stories or read articles on how artificial intelligence (AI) has improved a variety of industries? You may be wondering what it could do to improve yours? Here are some ways that AI might be able to help change your industry. 3 technology types AI generally refers to using computers to perform complex […]

Are you concerned that someone is going to file a false tax return using your personal information? One of the best ways to avoid that is to file as early as possible. The IRS announced that the 2019 individual tax return filing season is beginning on January 27th. Even if you do not typically file […]

To start the new year, Congress has made considerable changes to individual retirement savings, whether it be with an IRA or other plan. With the passing of the SECURE ACT, these four changes have been made to individual retirement plans. To start the new year, Congress has made considerable changes to individual retirement savings, whether […]

As the hectic and action-packed events of the holidays are in the past, many employers and businesses are ready to face the busy new year with a clear focus. Be sure workplace goals are established early on and align with staff across the board. As the hectic and action-packed events of the holidays are in […]

Cost management is a systematic and formal review of your business with the goal of reducing costs every step of the way. This can be especially useful if you find yourself routinely going over budget, but is also useful as a merely preventative tool. The process involves asking yourself many questions about your business, some […]

Advanced technology has made it easier than ever to work from home, so more people find themselves working from an office in their house, either full time or part time, spending some days at home and some at the office building. A home office deduction can be valuable, but simply having an office space doesn’t […]

Happy Holidays! While technically the holiday season may be over, the new tax laws are the gifts that keep on giving. Over the holiday season while you were busy celebrating, Congress passed multiple new laws that have many provisions to provide tax breaks to your small business. The new laws were the “Further Consolidated Appropriations […]

The best time to reflect and plan for your business is now. Review these five ways you can strengthen your business for the new year. You have 12 months to look back on and 12 months to look forward to. These five ways can strengthen your business for the new year by doing a little […]