Have you been working from home during the COVID-19 crisis? Join the club. Approximately 42% of the American workforce is currently working from home full time, according to a recent study by the Stanford Institute for Economic Policy Research. Only 26% are working on business premises—and many of those are essential workers, such as public… Continue reading
Paying your employees for hours that you know they’ve worked is straightforward enough. But what if they’re doing more work than you think they are—or more than you’ve asked them to do? As federal regulations state, “Work not requested but suffered or permitted is work time” and, thus, must be compensated. As explained in a… Continue reading
UPDATED: Beginning Tuesday, September 22, through Thursday, October 1, the rear entrance to our building will be under construction. SSB will be open for business during this time, but you must use the front entrance if you are visiting our office.
Under today’s federal income tax rules, your business may be able to claim big first-year depreciation write-offs for eligible assets that are placed in service in the current tax year. But that strategy might not be right for every small business every year. Here’s what you should know before claiming 100% first-year bonus depreciation or… Continue reading
Election season 2020 is in full swing. Over the next few weeks, both parties will be hard at work, trying to win your vote for their presidential candidate. As you watch social media ads and listen to interviews and debates, pay close attention to the candidates’ federal tax plans. Their stances could have a major… Continue reading
Pundits are predicting that even after the COVID-19 pandemic is ultimately brought under control—which might not occur for many more months—work-at-home arrangements will be more common than before the pandemic. “While the experience of working at home during the crisis may not have been ideal as whole families sheltered in place, it will give people… Continue reading