Farms face factors that many other businesses don't. Not only are they regulated and subsidized, but they're also heavily dependent on weather, with changes in rainfall or temperature meaning the difference between profit and loss. Accounting for these factors is not...

Although the Fair Labor Standards Act (FLSA) does not require that you give employees a pay stub, it does mandate that you keep accurate records of employees' wages and hours worked. Also, many states require that employers supply employees with a pay stub. However,...

When it comes to recordkeeping, manufacturing companies have a lot to contend with, such as accounting rules, making claims, tracking expenses for tax deductions, and maintaining viable employee records. Getting the most from tax deductions, making sure your company...

Numerous tax experts agree that addressing your tax liability effectively requires planning throughout the year. Those business owners who reap the most benefits consider their taxes year-round, rather than waiting to focus on tax payments only a few weeks before the...

You know when you start watching the clock at 2 pm and start yawning at 3 pm that it’s been a long day at work. When you have low energy, you lose focus, you get moody and you are less productive. Studies show that if you develop a morning routine that gets you off to...

Last year, you may have owed money to the IRS. Or maybe you already filed this year and owe. How can you make sure that this won’t happen again? On the most basic level, you need to ensure that your withholding amounts are correct, and if you’re self-employed, that...

S corporations are entities that can pass corporate income, losses, deductions and credits through to shareholders for federal tax purposes. Shareholders report the flow-through of income and losses on their personal tax returns and are assessed a tax at their...

Identity theft is a challenge we all face — as individuals, businesses, organizations and government agencies. The IRS says it's making progress against tax-related identity theft using an aggressive strategy of prevention, detection and victim assistance. In fact,...