
3 min read
Should Married Couples File Jointly or Separately?
Once you're married, you have two options when it comes to filing your annual federal income tax return — married filing jointly or married filing...
Accounting and payroll resources for small business owners.
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3 min read
Once you're married, you have two options when it comes to filing your annual federal income tax return — married filing jointly or married filing...
4 min read
Are you planning to take a business trip this year? If your destination is known for its cultural or recreational attractions, you might want to...
4 min read
The number of people being audited by the IRS isn't that high. For many years, less than 1% of taxpayers undergo face-to-face audits (although...
5 min read
Once your business has survived the start-up phase, it's got a solid foundation to grow. Business and financial advisory services are critical at...
4 min read
If you own a small business, you might consider hiring your kids to work during their time off from school. In addition to teaching your children...
3 min read
C corporation owners often need to take cash out of the business to pay personal expenses or to shield excess cash from creditors. Paying dividends...
2 min read
Employees don't always take the task of filling out their W-4 forms seriously. They may write "exempt" on the withholding portion of the form or even...
2 min read
In the wide, wide world of mergers and acquisitions (M&A), most business buyers conduct thorough due diligence before closing their deals. This...
2 min read
Like many other businesses, your company may occasionally endure downturns during which revenues stagnate, and your ability to authorize generous...
2 min read
Paydays are sacred in the workplace. Some employees who can't remember how many years they've been married or how long it's been since their last...
3 min read
What would happen if your company failed to pay the IRS payroll taxes when they were due? You could be on the hook for penalties and, if you're...
2 min read
When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need...
2 min read
It's not enough to have a one-sentence statement in your employee handbook that merely tells your employees something like this: "All time worked...
3 min read
As tax season heats up, companies of all kinds and sizes will be on the hunt for ways to reduce their tax bills. One of the most common ways is...
2 min read
Twenty-five years ago, TMA was focused solely on helping small businesses get a handle on bookkeeping and taxes. Providing payroll services was not...
2 min read
Setting goals plays a pivotal role in shaping the success and growth trajectory of small businesses. It's a practice that every small business owner...
1 min read
Navigating the landscape of accounting and payroll decisions is an essential choice for small business owners. There are advantages to bringing these...
4 min read
Are you considering inviting an employee or an outsider to participate in your existing partnership? Before making any commitments, it's important...
2 min read
Running a small business requires you to understand the financial health of the business. Most people know that a business’s financial statements...
3 min read
With the new year right around the corner, your shareholders might be thinking about year-end bonuses or distributions. Before doing so, it's...
1 min read
Have you ever bought a new "state-of-the-art" piece of equipment only to discover that you paid dearly for some bells and whistles you didn't really...
2 min read
Successful supervisors know how and when to be assertive. They communicate their needs in a way that earns them respect and gets results.
4 min read
Understanding the payroll tax rules can be challenging when your company hires workers or the personal situations of existing employees change....
2 min read
It may not be long before paper paychecks go the way of the five-and-dime store and the VCR. They may soon become obsolete as "direct deposit" into...
2 min read
QuickBooks is by far the most popular software system to streamline bookkeeping for small businesses, with many programs in its arsenal. Among them,...
1 min read
One of the most common statements we hear from prospective clients is, “I don’t know what services my business needs.” At first glance, accounting...
1 min read
If you've considered setting up a retirement plan for your employees and decided it was too costly or too much trouble, there is an alternative. No...
3 min read
There is generally no one legal structure that works best for all businesses. The most favorable choice depends on a number of factors, including the...
2 min read
With the 2024 tax year right around the corner, there's good news coming from the IRS. According to a recent announcement from the tax agency (Notice...
2 min read
Over the years, McDonald's has been able to sell hundreds of billions of hamburgers. The business started with a single drive-in burger stand started...
1 min read
When you start a small business, many items are on your to-do list. While bookkeeping, accounting, taxes, and payroll may not be your favorite...