Exploring the Economic Reality Test: Opportunity for Profit or Loss
When determining whether a worker is an independent contractor or an employee, the second factor in the economic reality test,…
Exploring the Economic Reality Test: Control Over Work
When distinguishing between an independent contractor and an employee, the first factor in the economic reality test, Control Over Work,…
Understanding the Difference: Independent Contractor vs. Employee
The distinction between an independent contractor and an employee is more than a simple label; it’s a classification with significant…
Preparing and Filing Form 1099s: Get Ahead for Next Year
Filing Form 1099s is an essential part of tax compliance for businesses that have made payments to contractors, freelancers, and…
Important Payroll Updates for 2023
Happy New Year! As we embark on another year, there are a few important payroll updates that Arizona employers need…
Arizona Has New Withholding Rates for 2023
Arizona withholding rates are changing for 2023. As an employer you will need to take action. This is what you…
Deducting Expenses for your Business
Small Business owners wear a lot of hats and the pace can get hectic. New ideas, new clients, new ways…
Section 125 plan: A win-win for businesses and employees
Cafeteria plans are a must-have for any size of business. If you’re not offering one, you’re at a real disadvantage to companies that do. Here’s how they benefit your employees and company:
Meals and Entertainment: What Qualifies for the Temporary 100% Deduction?
The restaurant industry continues to be hit hard due to the pandemic. With slim profit margins under normal circumstances, many…
Three Important Ways the Pandemic Could Put Cash Back in Your Pocket
While the pandemic wreaked havoc on many businesses, there are important tax credits that could put cash back in your pocket.
