Part-Time CFOs Bring Unique Value for Businesses

Part-Time CFOs Bring Unique Value for Businesses

Every company needs expert financial strategy and direction, but many lack such leadership. More companies are now turning to part-time CFOs to solve their most pressing problems and seize their biggest opportunities. Often, there is simply not a business need to...
Keys to Keeping Up with Changes for the 2021 Tax Season

Keys to Keeping Up with Changes for the 2021 Tax Season

The 2021 tax season is unlike any before. With filing deadlines just weeks away, businesses are grappling with the challenges of the ongoing COVID-19 pandemic while also waiting on lawmakers and regulators to decide key issues impacting 2020 business taxes. Tax...
Should you file a 1099-NEC or 1099-MISC form this year?

Should you file a 1099-NEC or 1099-MISC form this year?

Prior to 2020, Form 1099-MISC was standard for non-employee compensation (NEC). This is no longer the case. Beginning with tax year 2020, employers should use Form 1099-NEC to report non-employee compensation. Here’s what you need to know to file correctly by the 1099...
8 Tax Minimization Strategies for Businesses

8 Tax Minimization Strategies for Businesses

Minimizing your company’s taxes is a year-round effort. Consider the following tax minimization strategies for your year-end spending and tax planning. 1. Section 179 Deduction for Investments in Property and Equipment Companies can deduct as much as $1 million for...
Save Costs Through Freelance Talent

Save Costs Through Freelance Talent

The share of freelancers at U.S. businesses increased by 15 percent from 2010 to 2019, reaching 16.4 percent, or one of six workers as of the start of this year, according to the ADP Research Institute. More than 57 million professionals are building businesses doing...