by Randy Redmond | Nov 25, 2025 | Uncategorized
Key Takeaways Create a written data protection policy. Every employee should know the rules for handling sensitive data. Back up data regularly with secure cloud services or encrypted physical backups. Encrypt everything so stolen data is useless to...
by Randy Redmond | Nov 10, 2025 | Uncategorized
Key TakeawaysYes, the WOTC applies if you hire someone before December 31, 2025. You must submit IRS Form 8850 to your State Workforce Agency (SWA) within 28 days of the new employeeâs start date. The credit can be worth up to $2,400 per eligible...
by Randy Redmond | Nov 3, 2025 | Uncategorized
Key Takeaways Profit doesnât equal liquidity: You can look great on paper (i.e., profitable) and still run out of cash. Year-end cash flow management is about accelerating what comes in and strategically optimizing (delaying) what goes out (legally, of...
by Randy Redmond | Nov 1, 2025 | Uncategorized
Key TakeawaysKeep every contractorâs Form W9 on file before the first payment. If your contractor wonât give you a W9, be persistent. The IRS requires a three-step written request process. Use the IRS TIN Matching tool before filing your 1099s. It...
by Randy Redmond | Oct 22, 2025 | Uncategorized
Quick Summary: Could Changing My Business Entity Mean a Lower Tax Bill?If youâre a Sole Proprietor or single-member LLC, youâre likely paying a hefty 15.3% Self-Employment (SE) tax on 100% of your profit. Electing S-Corp status could cut that tax bill by...
