by DunlapSLK | Aug 12, 2024 | Resources For Employers, Uncategorized
Your business should generally maximize current year depreciation write-offs for newly acquired assets. Two federal tax breaks can be a big help in achieving this goal: first-year Section 179 depreciation deductions and first-year bonus depreciation deductions. These...
by DunlapSLK | Jul 26, 2024 | Resources For Employers
The Inflation Reduction Act provided the IRS with billions of dollars of additional funding to reduce the so-called “tax gap” between what taxpayers owe and what they actually pay. The tax agency has already launched numerous initiatives aimed at this goal, including...
by DunlapSLK | Jun 28, 2024 | Resources For Employers
From the minute they open their doors, business owners are urged to keep a close eye on cash flow. And for good reason — even companies with booming sales can get into serious trouble if they lack the liquidity to compensate employees and pay their bills. Here are...
by DunlapSLK | Jun 21, 2024 | Resources For Employers, Resources For Individual Taxpayers
The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act was signed into law in December 2022, bringing more than 90 changes to retirement plan and tax laws. Many of its provisions are little known and were written to roll out over several years...
by DunlapSLK | Jun 21, 2024 | Firm Operations, Resources For Employers, Resources For Individual Taxpayers
DunlapSLK team members volunteered to hand pack meals at Feed My Starving Children (FMSC) MobilePack event. On May 20 thirty-six of our team members joined teams of other local volunteers to hand-pack meals at the Feed My Starving Children (FMSC) MobilePack event,...
by DunlapSLK | Jun 17, 2024 | Resources For Employers
Business owners are rightly urged to develop succession plans so their companies will pass on to the next generation, or another iteration of ownership, in a manner that best ensures continued success. Ideally, the succession plan you develop for your company will...
