by Royer Advisors | Dec 11, 2024 | Tax Planning, Tax Preparation
If you own a small or medium-sized business, it may be eligible for significant tax breaks that aren’t available for larger entities. Here are three examples to consider as you file your tax return for 2021 and plan for 2022. QBI Deduction The qualified business...
by Royer Advisors | Dec 11, 2024 | Court Rulings
Dipak Patel, Plaintiff-Appellant v. Siddhi Hospitality, LLC, et al. Plaintiff, Dipak Patel, was a 25% owner in defendants’ two entities, franchised hotels. Believing that his fellow LLC members were not treating him fairly, the plaintiff filed suit against the...
by Royer Advisors | Dec 11, 2024 | Business Plans
Employers and employees may not see eye-to-eye on many topics, including the adequacy of their paychecks. When it comes to wages and salaries, the amounts are relatively cut-and-dried. However, the value of contingent compensation elements — such as health benefits —...
by Royer Advisors | Dec 11, 2024 | Business Plans
Many employers have been raising wages substantially to maintain operations in today’s tight labor market. That’s most evident in the leisure and hospitality sector, where average hourly wages rose 12% for the year ending October 2021. For many organizations,...
by Royer Advisors | Dec 11, 2024 | Business Plans
The Consumer Price Index covers food, clothing, shelter, fuels, transportation, doctors’ and dentists’ services, drugs, and other goods and services that people buy for day-to-day living. Over the last year, consumer prices rose 7.9%, according to the...
