by mariettacp | Mar 18, 2020 | Money Tips
As the impact of the coronavirus (COVID-19) continues to evolve, we wanted to let you, our valued clients and friends of the firm, know that Marietta CPAs is actively monitoring the situation, along with our business communities. As such, the health and safety of our...
by mariettacp | Dec 30, 2016 | Money Tips
Are you wondering if your social security retirement, survivor, and disability benefits will be subject to federal income tax on your 2016 return? Generally, when these benefits are taxed is determined by your “provisional income.” Provisional income (PI)...
by mariettacp | Dec 22, 2016 | Money Tips
Staffing errors can spell disaster for your start-up. Here are three to watch out for. Staffing the firm with friends and family. While this strategy may work in some circumstances, hiring pals and relatives often spells trouble. For one thing, friends and family...
by mariettacp | Dec 19, 2016 | Money Tips
Suppose a relative gives you an expensive painting. Several years later, your relative dies and you decide to sell the painting. Your accountant says you’ll owe capital gain tax on the sale, and asks for your basis in order to reduce the amount on which...
by mariettacp | Dec 1, 2016 | Money Tips
Does a suggestion to boost productivity with time off sound counterintuitive? Research has shown that giving workers – and perhaps yourself, as a business owner – time off to recuperate from work demands can be energizing. Here are three ways your business can...
by mariettacp | Nov 29, 2016 | Money Tips
Did you know the national average wage index went up? You might have missed the news, but it’s likely you will notice one impact: higher self-employment taxes. How are the two related? The index is used to calculate the social security wage base, which is the...