View Padgett President Roger Harris' congressional testimony on the impact of the Corporate Transparency Act and the BOI reporting requirements here.
6 Payroll tax tips every small business owner should know
April 16th, 2025 | Payroll Best Practices, Tax Insights
Running a business is hard enough without worrying about payroll taxes. But staying on top of them is key—mess-ups can lead to big fines and frustrated employees. Here are six simple tips to help you stay compliant and keep things running smoothly. 1. Keep your records organized Tracking hours, wages, and taxes might not be […]
Latest Posts
Circular 230 Overhaul: The Ethical Dilemma of “Ratting Out” Your Tax Clients
For tax practitioners, Circular 230 is the professional rulebook that governs representation before the IRS. For the first time in nearly 11 years, this rulebook faces proposed revisions that could reshape how credentialed professionals practice. In a recent episode of the Federal Tax Updates podcast, hosts Roger Harris, EA, and Annie Schwab, CPA, speak with […]
Read More >>BOI Relief, Tax Reform, and IRS Restructuring: Navigating the Shifting Tax Landscape
Just when tax practitioners thought they’d mastered the Corporate Transparency Act requirements, everything changed. The Treasury Department’s recent announcement that it won’t enforce penalties associated with beneficial ownership information (BOI) reporting represents yet another shift in the constantly moving target that tax professionals face this busy season. In a recent episode of the Federal Tax […]
Read More >>Surviving the Midseason Compliance Crush: How to Protect Your Practice and Clients When Everything Hits at Once
Tax preparers expect surprises, but so far, 2025 has brought three big challenges at once. During a recent Federal Tax Updates podcast for timely insights that help you stay ready for whatever changes come next, this season and beyond.
Read More >>Featured Articles
Understanding IRAs: your retirement savings guide
With the recent passing of the SECURE 2.0 Act of 2022, you may have questions about the different types of Individual Retirement Accounts (IRAs) available. How do you choose what retirement plan is right for you? IRAs are a powerful tool for retirement savings. They are savings plans that come with tax advantages to help […]
Breaking Down the SECURE Act 2.0
Roger and Annie discuss the changes in the SECURE 2.0 Act of 2022 and how this impacts small business owners with regards to offering retirement plans to their employees. They also talk about recent changes in IRS regulations that could prove …
Latest Tax, Accounting & Financial Tips
Smallbiz Builder Newsletter
Receive tips of the trade straight to your inbox
The SmallBiz Builder breaks down some of the top issues that small business owners deal with every day, offering the latest news, tax and accounting tips and helpful guides from our team of trusted advisors.
