What Year-End Moves Can Protect Greater New York Owners From Form W9 Mistakes?
Key Takeaways The process of collecting Form W9s is one of those “check-the-box” tasks every business has to do that usually goes: get, file, forget. But I want to urge you today to pay a little more attention to your W9 process. Here’s why I say that: Your W9 process is your legal defense against thousands of dollars […]
Why Cash Flow Management Is Important At Year-End in Your Greater New York Business
Key Takeaways Between slower customer payments, year-end bonuses, and tax obligations (and don’t forget sneaky holiday expenses), Q4 tends to expose cash flow weaknesses that were easier to overlook earlier in the year. And the truth is, your Greater New York business can report a six-figure profit and still have trouble paying bills because the cash is […]
The Work Opportunity Tax Credit: Year-End Hiring Benefit for Greater New York Businesses
Key Takeaways Year-end (arguably a very hectic period in your business) is also the make-or-break season for securing tax savings. And here’s a powerful year-end hiring incentive: the Work Opportunity Tax Credit. Claiming it could mean up to $2,400 worth of tax savings per qualifying employee (and even more for certain veterans) that you can reinvest in your Greater New […]