While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year. That’s because some tax figures…
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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…
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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…
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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…
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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…
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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…
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