If you do payroll for your company or you are a payroll professional, January is always a little more stressful. Not only do you need to do your normal quarterly reports, you also have to do your year-end payroll reports including the Form W-2. With all the changes that happened in 2020 from a payroll point of view, this may be the most complex year ever. In this episode, Jeff Dvorachek highlights several of these complexities.
Transitioning Business Ownership: Tax-Smart Gift Strategies
Many business owners are looking to transition their business to the next generation. Gifting shares in the business stock is one way to do this and now is an opportune time to start planning. A...