On July 16, 2021, California’s governor signed Assembly Bill 150 (AB 150). Among other things, this bill includes the “Small Business Relief Act”, which allows taxpayers to receive a credit for their share of state and local tax (SALT) deducted from the net income on their federal returns for their qualified business(es). This elective tax payment will be available from January 1, 2021 through January 1, 2026.
Read MoreTags: Accounting, COVID, IRS, California State Tax, Small business relief act, federal tax, Income tax
For a robust bottom line, teach all staff members in your company how and why customers make purchases. The better your employees work with customers, the brighter your profit picture will likely be. This article shows you four key areas to include in a training program. Part of this process means having veteran sales people work with newcomers to help them learn.
Read MoreTags: staff training, cross training, sales, sales support, training, productivity, sales opportunities
Your accountant is a critical part of your financial team. It is very important for you to have the right one on your team. So how do you know if it is time to get a new accountant?
Read MoreTags: Entrepreneurship, Accounting
This past week we continued our business owner’s series of Financial Coaching to Survive & Thrive with session two on credit and your financials.
Tags: Entrepreneurship
January was a busy month for us. Not only were we doing our regular pre-tax season prep (tax trainings, systems updating & testing, client work scheduling, etc.), but we grew our MKW team by three.
All of us at MKW extend the biggest welcome to our new Tax Manager Hazel Ho and our two new Staff Accountants Cheuk Wong and Tabish Khan.
Here is a little information about our new staff.
Tags: MKW News
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