From Budweiser to 7-Eleven and American Apparel, many of the names consumers love, trust, and consistently engage with are foreign-owned. In fact, foreign-owned companies employed over 7 million American workers and generated a massive 16% of all business investments in 2019, so it’s safe to say that foreign-owned businesses help drive a significant chunk of the American economy. With Globalization …
According to a recent PwC survey, 98% of employers (in the office setting) have shifted a significant chunk of their employees to remote work. And 89% expect it to stay that way even once the pandemic has officially “ended.” So, there’s a good chance that you’re reading this blog post next to a hot cup of joe and a …
If you’re an employer whose business relies on frequent vehicle usage, then you’re probably considering the options available to expense your business transportation. The best option is not always black-and-white, and often depends on the amount of time your employees spend driving, the size of your company, and other tax considerations. You have four main options for handling business transportation: …
When the new tax law was passed, there were several changes made that every taxpayer should be aware of. First off, the “Tax Cuts and Jobs Act” does not affect your 2017 taxes. However, the reform bill could significantly affect your tax situation for 2018. Below are some of the most importance changes that you should be aware of. Alternative …
Understand what your company actual owes and how to compute your tax liability For a business owner incorporated in the state of Delaware, it is important to understand how their franchise tax is structured. If you’ve ever received a franchise tax notice from the state of Delaware, you know that they can provide a bit an initial shock. Companies have …
