by Andrea Caluma | Sep 22, 2024 | Tax Planning
Non-compete agreements have long been a standard tool for employers seeking to protect sensitive business information and retain talent, but their future is now uncertain. In 2024, sweeping changes to non-compete agreements are expected, driven by the Federal Trade...
by Andrea Caluma | Sep 15, 2024 | Tax Planning
The Fair Labor Standards Act (FLSA) governs minimum wage, overtime pay, and working hours, ensuring that employees across the U.S. are treated fairly. In 2024, significant changes to the FLSA overtime rules will take effect, directly impacting both employers and...
by Andrea Caluma | Sep 8, 2024 | Tax Planning
What Tax Documents Should I Save, and How Long Should I Save Them? Maintaining proper tax records is crucial for both individuals and businesses. Not only does it ensure compliance with tax laws, but it also provides a safeguard in case of audits or disputes. This...
by Andrea Caluma | Aug 25, 2024 | Tax Planning
Choosing the Right Filing Status for Your Taxes: A Comprehensive Guide When it comes to filing your taxes, one of the most crucial decisions you’ll make is selecting the appropriate filing status. Your filing status affects your filing requirements, standard...
by Andrea Caluma | Aug 18, 2024 | Tax Planning
Why Corporations and S-Corporations Cannot Deduct Shareholder Expenses Directly on the Corporate Return When it comes to managing business expenses, corporations and S-corporations face specific rules and limitations, particularly concerning the expenses...