Individuals in St Petersburg Florida

It’s Time for Individuals to Plan for Taxes in 2016 and Beyond

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Year end is rapidly approaching. It’s now time to consider making some moves that will lower your 2016 tax bill and get you into position for tax savings in future years. This article offers some year-end planning tips for individuals — while keeping the results of the...
Giving Tuesday in St Petersburg Florida

Report Predicts Record Contributions on Giving Tuesday 2016

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November 29, 2016, is Giving Tuesday. Never heard of it? Known on social media as #GivingTuesday, the Tuesday after Thanksgiving has grown into one of the biggest fundraising drives for the not-for-profit industry. Similar to Cyber Monday, it’s a day when charities...
Tax Plan in St Petersburg Florida

A quick look at the President-elect’s tax plan for businesses

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The election of Donald Trump as President of the United States could result in major tax law changes in 2017. Proposed changes spelled out in Trump’s tax reform plan released earlier this year that would affect businesses include: Reducing the top corporate income tax rate from...
Retirement in St Petersburg Florida

There’s still time to set up a retirement plan for 2016

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Saving for retirement can be tough if you’re putting most of your money and time into operating a small business. However, many retirement plans aren’t difficult to set up and it’s important to start saving so you can enjoy a comfortable future. So if you haven’t already set up a...
Due Dates in St Petersburg Florida

Get Ready Businesses: Some Filing Due Dates Are Changing

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Thanks to recent legislation, the due dates have been changed for some information returns and related statements and for some business tax returns. Here’s what you need to know. Earlier Due Dates for Forms 1099-MISC & W-2 When a business pays non-employee compensation...
Strategies in St Petersburg Florida

Year-End Tax Strategies for Small Businesses

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It’s not too late to take steps to significantly reduce your 2016 business income tax bill and lay the groundwork for tax savings in future years. Here’s a summary of some of the most effective year-end tax-saving moves for small businesses under the existing Internal...
Seasonal Workers in St Petersburg Florida

Follow the Rules When Hiring Seasonal Workers for the Holidays

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The rush is already on to line up seasonal help. Seasonal job postings on one recruiting website started to hit peak demand levels from prior years in early October, about a month earlier than usual. The projected total number of seasonal jobs this holiday season — between...
Social Security in St Petersburg Florida

How Much Will Social Security Recipients Collect Monthly in 2017?

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Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 65 million Americans will increase just 0.3% in 2017, the federal government announced. The 0.3% cost-of-living adjustment (COLA) will begin with benefits that more than 60 million Social...
Employee in St Petersburg Florida

What Can You Do About Employee Misbehavior After Hours?

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There are plenty of things employees may be doing off-duty that you might not approve of, whether it’s unhealthy or anti-social behavior, or even some unlawful activities, such as smoking marijuana (depending on the laws in your area). Yet even with an “at will”...
Seasonal Businesses in St Petersburg Florida

Managing the Ups and Downs of Seasonal Businesses

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What do pumpkin patches, ski resorts, ice cream shops and accounting firms have in common? They’re all seasonal businesses that experience a surge in revenues during their busy seasons that tapers off in the slow season. Seasonal peaks and troughs present challenges that...
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