Sep 17, 2026 | Business Planning, Tax News
Seasonal and part-time employees are subject to the same federal income tax withholding, Social Security, and Medicare tax rules as other employees, advises the IRS. Employers must withhold and pay employment taxes on wages paid to these workers. It can be easy to...
Sep 15, 2026 | Not-for-Profit
The Importance of Diversified Funding No single funding source remains reliable forever. Government priorities shift over time. Economic pressure can affect individual donors. Corporate giving strategies also change. Together, these factors can weaken funding streams...
Sep 10, 2026 | Business Planning, Tax News
At its core, the federal R&D tax credit was enacted in 1981 to stimulate innovation and business investment. It provides dollar-for-dollar savings tied to qualified research activities. In addition, many states now offer similar tax credits. As a result, federal...
Sep 8, 2026 | Personal Financial Planning, Tax News
If you are behind on your taxes and cannot afford to pay the full amount owed, an offer in compromise may be an option. The IRS may accept an offer in several situations. It may determine that collecting the full tax liability is unlikely, even with additional time....
Sep 3, 2026 | Business Planning, Closely Held Business
While traditional banking continues to be the primary source for commercial lending, small businesses are beginning to take advantage of other nonbank alternatives. In fact, according to a Secured Research study, over 70% of small businesses said they shopped around...