How does a business owner reduce employee burnout? Make no mistake about it: Employee burnout is very real; it’s costing your small business a lot more money than you realize. It’s also not a problem that you’re necessarily going to be able to buy your way out of, either. It does affect your bottom line.
Employee
Employee Business Expenses: Tax Reform Suspends Tax Deduction
Tax Reform Impacts Employee Business Expenses Miscellaneous Itemized Deductions Subject to the 2% AGI Floor Not all provisions of the Tax Cuts and Jobs Act benefit taxpayers, so if you own a business, pay attention. The suspension of the deduction for employee business cost stinks for employees. Under prior law, taxpayers who were employees were […]
New Tax Law Severely Limits Entertainment Deductions
Entertainment Deductions Have New Rules Under Tax Reform Employee Tax Reform Note Tax Reform made changes to business entertainment deductions, for you, the business owner. This is one of a series of articles explaining how the various tax changes in the GOP’s Tax Cuts & Jobs Act affects you. “The Act” for purposes in this […]