Open enrollment for the majority of health care plans is many months away. That makes now a good time for businesses to consider changing their employer-sponsored coverage for next year, or perhaps to think about launching a plan for the very first time. If you are going to do either, you will have many details […]

Do you have dreams of buying a vacation beach home, lakefront cottage or ski chalet? Or perhaps you are fortunate enough to already own a vacation home. In either case, our team at Rudler has listed out different tax implications for renting it out for part of the year. Count the days The tax treatment […]

You may find it beneficial to barter or trade for goods and services. Bartering is not a new concept — in fact it is the oldest form of trade — but the internet has made it easier to engage in with other businesses. However, if your business begins to barter, be aware that the fair […]

It’s common practice in business-to-business (B2B) transactions to use customer credit, but it is important to be cautious. Most customers expect a credit option to be available when it comes to B2B transactions, but these arrangements comes with risks of late payments or nonpayment, leaving you with potential cash flow issues.   To manage this […]

Many people believe that Social Security benefits are always tax free, but unfortunately that is not usually the case. Up to 85% of your benefits could be taxable depending on your overall income. While the truth about the federal income tax bite on Social Security benefits may be painful, it’s better to understand it. Here […]

If you are eligible for the qualified business income (QBI) deduction, you want to take advantage of it while you can because come 2025 it will be no more.   Deduction basics The QBI deduction is written off at the owner level. It can be up to 20% of: QBI earned from a sole proprietorship […]

All too often, once a sales team is up and running, it’s left to its own devices to maintain its strengths, develop new skills and upgrade its technology. This can produce mixed results — some sales departments are remarkably self-sufficient while others could really use more organizational support.   To remove the guesswork, many of […]

Unemployment has been holding steady recently at 3.7%. But there are still some people losing their jobs. If you’re laid off or terminated from employment, taxes are likely the last thing on your mind. However, there are tax implications due to your altered employment circumstances.   Depending on your situation, the tax aspects can be […]

The research and development (R&D) credit, is a valuable tax break available to certain eligible small businesses. Claiming the credit involves complex calculations, which we’ll take care of for you.   But in addition to the credit itself, be aware that there are two additional features that are especially favorable to small businesses: Eligible small […]

Rare are the businesses that can initiate or expand without an injection of external capital. In certain instances, this capital manifests as a commercial loan from a bank or another lending entity. If you and your company’s leadership anticipate the need for a loan, it is crucial to approach the process with assurance. This begins […]