Feb 12, 2025
What is in a name? The IRS knows the answer, even though the reasoning can be subtle. Read through to learn the differences between an employee and an independent contractor before you make an expensive error.
Feb 11, 2025
The IRS is reminding taxpayers that personal expenses pertaining to health and wellness cannot be deducted or reimbursed. Read through to understand why they are not considered expenses for medical care under the Internal Revenue Code.
Feb 10, 2025
Federal and state laws and regulations require you to keep payroll documentation for several years. But which documents should be saved and for how long? Read through to learn the details so that you will be ready should you ever be audited.