If you want to grow your business, you probably need to hire employees to help you. Becoming an employer and expanding your staff entails many responsibilities, one of which is seeing to payroll taxes. Unfortunately, there are many myths about these taxes.
The Greek philosopher Heraclitus is known for his insistence that change is the fundamental element of the universe. You may be familiar with his quote, "The only thing that is constant is change." For many, change incites a sense of unease at best and at worst, a great fear. In business, however, the ability to change is the mainspring to success. Tradition certainly has its place in establishing quality and integrity within your business operations, but it is change that can propel you to new heights.
As the festivities of the Christmas season settle in our collective memories, its time to gear up for the coming year. Our guest blogger, Johnson Price Sprinkle PA has some excellent advice on last minute things you should consider when preparing your taxes both personal and business. The new tax law brings some changes you'll need to consider in order to file correctly and take advantage of all the deductions for which you qualify.
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Some of the most prolific and successful companies in history began as partnerships. Think McDonald's, Hewlett Packard, and Google. On the flip side, you have those partnerships that went down in flames. Facebook's split between Saverin and Zuckerman, Citigroup's breakup between Jamie Dimon and Sandy Weill among others. That's why it's important to do your homework, consult a professional, and don't let emotions get in the way.