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What is the New Cost of Entertaining?

By Matt Patrick / January 5, 2018 / Comments Off on What is the New Cost of Entertaining?

In general, the new tax Act provides for stricter limits on the deductibility of business meals and entertainment expenses. Under the Act, entertainment expenses incurred or paid after December 31, 2017 are nondeductible unless they fall under the specific exceptions in Code Section 274(e). One of those exceptions is for “expenses for recreation, social, or…

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Plan Now and Take Advantage of 2017 Tax Savings

By Matt Patrick / November 1, 2017 / Comments Off on Plan Now and Take Advantage of 2017 Tax Savings

The end of the year is often hectic, which is why it’s important to take some time now to reduce your tax bill. Our firm can offer additional strategies to further mitigate your tax burden; however, the following 5 tips are an excellent starting point: Defer income. Because income is taxed in the year it…

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Simplify Seasonal Staffing with these Smart Strategies

By Matt Patrick / October 16, 2017 / Comments Off on Simplify Seasonal Staffing with these Smart Strategies

Whether your business needs temporary workers to get through the holiday season or you hire short-term help on a regular basis, the process of finding the right candidates can be challenging. Try applying these strategies to make seasonal staffing easier: Create an ideal employee profile. Even though temporary help may not be with you long, it’s…

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5 Tips to Reset Your Stress Response

By Matt Patrick / October 2, 2017 / Comments Off on 5 Tips to Reset Your Stress Response

Because stress related to work, family issues and other events is something that affects many of us, it’s important to reset your own stress response to protect your health and productivity. Sharon Melnick, Ph.D., a business psychologist, offers these tips: Act don’t react. According to Melnick, “Stress occurs when we feel that situations are out of…

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