Personality Tests in St Petersburg Florida

Pre-Employment Personality Tests May Be Helpful but Exercise Caution

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Personality tests are not new. But the proliferation of easy-to-administer web-based testing services has made personality tests more ubiquitous. Are they right for your organization? You need to consider both the potential benefits and the possible legal risks. Useful or Not? An...
Cyber Breach in St Petersburg Florida

Minimizing Your Risk of Cyber Breach

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Concerns about cyber threats disrupting core operations are now a top operational risk. During a May 8 question-and-answer session, Securities and Exchange Commission Chair Mary Jo White called threats to cyber security “the biggest systematic risk we have facing us.”...
Real Estate in St Petersburg Florida

You’re a real estate investor, but are you a “professional”?

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Income and losses from investment real estate or rental property are passive by definition — unless you’re a real estate professional. Why is this important? Passive income may be subject to the 3.8% net investment income tax (NIIT), and passive losses are deductible only against...
Wills in St Petersburg Florida

Tips on Handling Wills

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Here’s a list of things to consider regarding wills: Consult an attorney. Although wills written without legal advice are generally valid, an attorney can help ensure that the will actually accomplishes your objectives. If an attorney is not used, know the requirements for...
EEOC in St Petersburg Florida

Preliminary EEOC Guidance on Avoiding Wellness Discrimination

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The Equal Employment Opportunity Commission (EEOC) recently laid its cards on the table by giving a detailed description of when wellness programs step over the line and violate the Americans with Disabilities Act (ADA). Here’s the latest. According to the most recent...
Amateur Gamblers in St Petersburg Florida

Update on Tax Rules for Amateur Gamblers

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Gambling remains an ever-popular U.S. pastime. But it’s more than just fun and games — gambling can also have serious tax implications. Here are the most important issues involving the federal tax treatment of an amateur gambler’s winnings, losses and...
B Corps in St Petersburg Florida

B Corps: To Be or Not to Be?

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Being a good corporate citizen is an effective way to stand out in the eyes of your customers, employees and investors. But how do you prove your commitment to corporate responsibility to skeptical stakeholders? B Lab, a not-for-profit organization, awards its prestigious...
GPS in St Petersburg Florida

Should Your Business Use GPS to Track Employees?

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Installing a global positioning system (GPS) in company vehicles and employer-provided phones makes sense on several levels, including for the safety of the employees using them. But if you use a GPS to track the location of employees who work offsite, you might begin to hear...
Bad Debts in St Petersburg Florida

Deducting business bad debts

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If debt collection is a problem for your business, deducting uncollectible (bad) debts from your tax bill may somewhat lessen the sting of simply writing the debt off your books. Here is some basic information on deducting business bad debts. First, the debt must be legitimate. A...
FBAR in St Petersburg Florida

Tax Deadline Reminder: FBAR Due by June 30

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The deadline is fast approaching for certain taxpayers to report accounts they hold in foreign banks and other financial institutions. You also may be required to report foreign accounts over which you have signature authority, such as an account that you maintain on behalf of a...