Highlights of spending package’s tax law changes The federal government spending package titled the Further Consolidated Appropriations Act, 2020, does more than just fund the government. It extends certain income tax provisions that had already …Read More

 

So you’re thinking of expanding your business. Congratulations! But, don’t get lost in the excitement. Expanding a business takes capital, time, knowledge, and paperwork. If you don’t continue forward properly, the expansion could overextend your …Read More

 

What is the difference between insourcing and outsourcing, and how does it affect your company? When planning a project, your business has to decide what workforce stream to leverage for that specific task. Do you …Read More

 

Repairs to tangible property, such as buildings, machinery, equipment or vehicles, can provide businesses a valuable tax deduction. Repairs can be expensed and deducted, but improvements to a business must be recovered through depreciation. So …Read More

 

Comparing your business to the industry is difficult, and with all the data and paperwork, the task can be daunting. Our trained professionals at Froehling Anderson can help you look at where you are, so …Read More

 

Meals, travel and lodging expenses incurred by employees on the road may be deductible if properly managed. With changing rules on what is and isn’t deductible, it’s important to keep your business up to speed …Read More

 

    Over the last 23 years, we have been blessed to have the world’s best receptionist at Froehling Anderson. Cindy Castellano has decided to retire and spend more time with family and friends (especially …Read More

 

Manufacturing is a complex business with many moving parts — it can include anything from international business to tax laws. How do you set yourself up for success when it comes to your financials? Go …Read More

 

Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year. A recent study by the Plan Sponsor Council of America (PSCA) found that Roth 401(k)s …Read More

 

To save money, your business may treat workers as independent contractors, rather than employees. Be aware that the IRS looks for businesses that improperly classify workers. It’s best to handle independent contractors so the relationships …Read More