MBA News

The IRS rules for substantiating deductions for charitable contributions are strict. The taxpayers in a recent U.S. Tax Court case found this out the hard way when the court denied their deduction of more than $37,000 for numerous noncash items donated to various charities. To... Continue Reading

Whether you filed your 2014 income tax return by the April 15 deadline or filed for an extension, you may think that it’s a good time to take a break from thinking about taxes. But doing so could be costly. Now is actually the time you should begin your 2015 tax planning — if you... Continue Reading

It’s expected that large corporations maintain an online presence, on a company website and possibly on social media outlets such as Facebook, Twitter and LinkedIn. However, small business owners might question whether or not it’s worth the effort and cost to get... Continue Reading

Thanks to all administrative professionals and secretaries for a job well done! Continue Reading

You can be formal or casual in workplace dress standards depending on the personality of the organization. “In general, an employer may establish a dress code which applies to all employees or employees within certain job categories,” according to the U.S. Equal... Continue Reading

Although 40 percent of U.S. small business owners consider themselves to be financially illiterate, 81 percent still handle their own business finances, according to a 2014 Intuit study. The federal government has dubbed April “National Financial Capability Month” in... Continue Reading

The additional 0.9% Medicare tax applies to FICA wages and self-employment income exceeding $200,000 per year ($250,000 for married filing jointly and $125,000 for married filing separately). Unfortunately, the withholding rules have been tripping up some taxpayers, causing them... Continue Reading

Happy Tax Day! Continue Reading

E-Verify’s purpose is simple: that is, to give you an easy way to find out whether the information job applicants and employees record on their I-9 forms is consistent with Social Security Administration records. It emerged early in the last decade after a series of... Continue Reading