First Capital Advisors, LLC

First Capital Advisors, LLC

Accounting, Bookkeeping, and Tax Solutions

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Posts tagged Taxes

Personal calls on business cell phones. Is it time to pay up?

The IRS is looking to revamp a 2o year old law regarding employee use of company cell phones.  The law requires employers to track the amount of time employees spend on personal calls.  This is considered benefit income and can be taxed.  This law was not very popular because of the tedious task of tracking [...]

Summer Hiring? Know the Rules

Are you planning to hire temporary workers for the summer?  Are you a parent and own 100% of your business?  If so, it is imperative that you know the rules for summer hiring.   If you’re a parent and you own 100% of your business, your children can work for you regardless of their age [...]