Ineffective inventory management and reporting can result in bloated working capital and impaired business profits. In industries that rely on overseas suppliers, best practices for managing inventory may have recently…
Read Article An IRS online account allows individuals to access account information including tax records, balances, and more. You can now control who can represent you before the IRS or even view…
Read Article You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax return? It’s possible but not easy. Medical expenses can be…
Read Article Virginia’s state minimum wage has increased to $11.00 per hour effective on January 1, 2022, which is $3.75 more than the Federal $7.25 minimum wage. Virginia last saw an increase…
Read Article Many employees — from retail workers to sales staffers involved in complex business-to-business transactions — receive part of their compensation from sales-related commissions. To attract and retain top talent, some…
Read Article The number of people engaged in the “gig” or sharing economy has grown in recent years. In an August 2021 survey, the Pew Research Center found that 16% of Americans…
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