
2 min read
Year-End Bonuses: Tax Issues for Employers and Employees
The holidays are often referred to as "the most wonderful time of year" — and, for some people, that's due in part to their year-end bonuses. While...
Accounting and payroll resources for small business owners.
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2 min read
The holidays are often referred to as "the most wonderful time of year" — and, for some people, that's due in part to their year-end bonuses. While...
2 min read
We believe that investing in good accounting processes can benefit most small businesses. While we love helping small business owners, not everyone...
3 min read
Launching a new business can be a daunting endeavor. As soon as you form the company, you'll face many important decisions — ranging from the mundane...
2 min read
The strength of every business is its people. But if your top managers aren't getting the most from their respective teams, your company is operating...
1 min read
It's the goal of every boss: Hire the right person to fit the right job. To achieve this goal, put more time and energy into a job analysis, which...
1 min read
Profit growth and business expansion are two key goals for many family businesses. In order to successfully reach your targets, however, you must...
2 min read
Tax-favored fringe benefits can help your business attract and retain skilled workers. One benefit that's been around for decades and is typically...
6 min read
As year-end approaches, small business owners should review their tax situations to determine ways to lower federal income taxes for the current tax...
2 min read
Each accounting firm or service provider has their own way of operating and serving their clients. While the goal for each is ultimately the same,...
2 min read
Running a small business requires the owners to juggle a lot. These tasks can take up much, if not most, of your time. So, it can be hard to keep...
3 min read
If you have a backlog of projects piling up because there just aren't enough hours in the day, you may consider hiring interns to help you get caught...
2 min read
Tax season is long over, but tax scams are thriving. The IRS is warning taxpayers about emails and text messages that promise refunds and credits but...
3 min read
The Setting Every Community Up for Retirement Enhancement (SECURE) Act brought numerous changes to the retirement and estate planning landscape in...
3 min read
Some taxpayers may be unaware of all the federal tax reporting requirements for cryptocurrency transactions — especially when it comes to issuing and...
2 min read
TMA Accounting has been helping small businesses with their bookkeeping for nearly 25 years. While a lot can happen in 25 years, we appreciate our...
1 min read
When your company sponsors a qualified retirement plan, you must comply with complex rules established by the IRS and the Department of Labor. Ignore...
2 min read
TMA determines our regular fees based on a formula we’ve developed that considers the volume and complexity of the work to be performed. This...
1 min read
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2023. Keep in mind that this...
2 min read
Often, small business owners juggle various responsibilities while trying to grow their business. Bookkeeping and tax compliance tasks often get less...
2 min read
In the ever-changing landscape of running a small business, having a relationship with a reliable accounting firm can be a great asset to your...
2 min read
It is not uncommon for small business owners to find themselves working with an accounting firm that isn’t a great fit for their needs. A mismatch...
4 min read
It's hard to believe that 2023 is already half over. Although summer is a time for vacations and relaxing in the backyard, you can't afford to take a...
3 min read
Even at the best of times, the future is unpredictable. As anyone who has run a business for any length of time understands, there will often be...
3 min read
A "100% penalty" can be assessed against a responsible person when federal income tax and/or federal employment taxes are withheld from employee...
2 min read
If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your...
2 min read
A Great Accounting Team AND YOUR NEEDS! One of the challenging things a small business owner must do is to create and maintain accurate and reliable...
3 min read
There's more to paying taxes than just federal and state income taxes. Another major tax chore for employers is payroll taxes. These expenditures can...
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...
2 min read
Once a business is up and running, one fundamental aspect of operations that’s easy to take for granted is billing. Often, a system of various...
3 min read
How much money is your business spending on insurance products? Insurance is often a major business expense, and it can be a lifesaver when the...
4 min read
Summer isn't just for barbeques and baseball. It's also a good time to think about ways to cut your 2023 business tax bill. Here are four planning...