by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, IRS Regulation, Tax Planning
The exchange of intangible property involves a two-part test. Yes, you can arrange a tax-deferred exchange of your company’s intellectual property — for example, copyrights, patents or trademarks — with another company. However, the IRS imposes...
by Royer Advisors | Dec 11, 2024 | Business Plans, IRS Regulation, Tax Planning
Since 1991, the $7.25 per hour federal minimum wage has been in place. The inflation-adjusted wage would have to be $12.68 to have the same purchasing power today, according to the CPI Inflation Calculator from the U.S. Bureau of Labor Statistics. President Obama has...
by Royer Advisors | Dec 11, 2024 | Financial Planning, IRS Regulation, Tax Planning
Some worthwhile tax breaks for transportation-related employee fringe benefits are being allowed by the Internal Revenue Code. They’re intended to persuade you to “go green” and give up your gas-guzzling vehicle when commuting to work. If your employer offers...
by Royer Advisors | Dec 11, 2024 | Business Plans, IRS Regulation, Tax Planning, Tax Preparation
Take note if your organization employs seasonal workers or part-timers for the holidays: The IRS has issued a Health Care Tax Tip on how these individuals affect whether your business is subject to the shared responsibility provisions of the Affordable Care Act (ACA)....
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, Tax Planning
This election season, there seems to be great deal of disagreement, but there is one thing the majority of voters are agreeing on—95% of voters, regardless of which U.S. presidential candidate they favor, support American-made products. According to the Alliance for...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Financial Planning, IRS Regulation, Tax Planning, Tax Preparation
This is a useful library of some IRS publications covering issues that can affect businesses and employers. The rules are often complicated and can be difficult to implement. Contact your tax adviser for more information. Title Publication Number Description Basis...
