How manufacturers can increase B2B revenue and improve customer loyalty
Manufacturers in the UK currently face a host of challenges. Having weathered COVID-19 and its subsequent lockdowns, they now face global supply chain issues and must navigate the realities of life after Brexit. At the same time, their customers expect manufacturers to provide the same level of experience they have become accustomed to in the […]
How manufacturers can mitigate supply chain disruption in the post-COVID world
Manufacturing supply chains aren’t glamorous and they’re certainly not regular features of front-page news. But when consumers experience delays with their online orders or they don’t show up at all, then supply chain issues suddenly become more mainstream. As a result, we’ve seen significantly more press coverage of global supply chain disruptions in recent times. […]
3 Ways To Increase Efficiency in Your Practice
Let’s look now at 3 ways to increase efficiency. Dental practices are businesses and businesses that are more efficient are more successful. As practices move through the natural evolution, they typically end up being less efficient over time. This is often compensated for by the hiring of additional team members, and while it may be […]
How to Ensure You Have a Successful New Year
It’s January, the beginning of a year of goals, dreams, changes, updates, and resolutions. There’s actually a designated day in January named National “Ditch New Year’s Resolution Day.” The truth is, that means that less than one in 24 New Year’s resolutions, or rather less than 4% of New Year’s resolutions we make are ever […]
Capital Improvements: Assessing Your Self-Storage Property and Planning for Potential Projects
All self-storage properties will eventually need capital improvements. Buildings and grounds will suffer from general wear and tear over time, and sometimes you just need to upgrade to keep up with changing times (think technology). For this reason, it’s important to regularly assess your site for potential projects. Let’s discuss what goes into developing a […]
Best Practices for Marketing Your Single-Family Rentals
Single-family rental properties are among the hottest investments in real estate today. This product, which includes everything from one-off rental homes to entire communities of houses that were specifically built to rent, is attractive to mom-and-pop investors and institutions and everyone in between. There’s good reason why SFRs are so popular. First, the underlying fundamentals […]
How to leverage property management services to increase the sale value of residential property?
Property management services have emerged as a magical solution that help build trust, long-lasting relationship with the property owners as well as capture a considerable share of the sales market.
3 specialized IT leadership positions for growing businesses
Many businesses employ Chief Information Officers, Chief Technology Officers and Chief Digital Officers. But there are more specialized IT leadership roles to consider: 1) A Chief Information Security Officer to oversee ongoing data security efforts and monitor developing threats. 2) A Chief Technology Innovation Officer to identify opportunities for innovation and lead initiatives to accomplish chosen objectives. 3) A Chief Marketing Technologist to recommend new solutions and oversee the use of existing marketing tech. Whether at the C level or a more junior management level, these positions call for expenditures in hiring, payroll and benefits. We can help you explore their feasibility.
How will revised tax limits affect your 2022 taxes?
While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year. That’s because some tax figures are adjusted annually for inflation. It’s a good idea to familiarize yourself with tax amounts that have changed for this year. For example, the amount you have to earn in 2022 before you can stop paying Social Security on your salary has increased to $147,000 (from $142,800 for 2021). In 2022, you can contribute up to $20,500 to a 401(k) plan (up from $19,500 in 2021). You can contribute another $6,500 catch-up amount to a 401(k) if you’re age 50 or older. Contact us if you have questions or need more information.
Businesses with employees who receive tips may be eligible for a tax credit
Are you an employer who owns a business where tipping is customary for providing food and beverages? You may qualify for a valuable tax credit involving the Social Security and Medicare (FICA) taxes that you pay on your employees’ tip income. You claim the credit as part of the general business credit. It’s equal to the employer’s share of FICA taxes paid on tip income in excess of what’s needed to bring your employee’s wages up to $5.15 per hour. In other words, no credit is available to the extent the tip income just brings the employee up to $5.15 per hour, calculated monthly. Other rules may apply. If you have any questions, don’t hesitate to contact us.
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