Winter has arrived! While it’s true that the season ushers in yet another reminder of tax obligations to be met, we are also reminded that with a New Year comes opportunity. As you prepare for what we hope will be a profitable year ahead, there are some important items to note in the Tax & Business Letter.
The Internal Revenue Service issued the 2020 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
The Internal Revenue Service reminds employers and other businesses that wage statements and independent contractor forms still have a January 31 filing deadline. Before the Protecting Americans from Tax Hikes (PATH) Act, employers generally had a longer period of...
Join QuickBooks Advanced Certified ProAdvisor René Dulis on January 14, 2020 as she offers live QuickBooks classes. Learn QuickBooks Desktop, QuickBooks Online, or both! Classes will be held at the Montgomery Township Community & Recreation Center at 1030 Horsham...
It’s hard to believe but we’re nearing the close of 2019. Before the clock strikes midnight on December 31, there are still things you can do to help maximize your tax-savings opportunities and minimize your tax burden.
DunlapSLK’s team of forty-two volunteers spent a cool October morning serving at the Feed My Starving Children (FMSC) food-packing event held at Delaware Valley University.
Worker classification is a hotly contested audit issue that has caused anxiety for business owners all across the country. Whether a worker is classified as an employee or as an independent contractor can mean a substantial difference in the amount of employment taxes that the business pays.
Many businesses consider the occasional wining and dining of customers and clients just to stay in touch with them to be a necessary cost of doing business. The same goes for taking business associates or even employees out to lunch once in a while after an especially tough assignment has been completed successfully.
You use your vehicle for business purposes, the Internal Revenue Service allows you to write off some of the vehicle’s cost. By depreciating your vehicle, you deduct a specified amount of your taxable income to account for the vehicle’s loss of value for each year of use.
The PA Department of Revenue (DOR) is making it easier for people and businesses selling products online to collect and remit Pennsylvania sales tax.