Tax Hive Blog

Enjoy these timely and informative articles that can help you make informed decisions about your business.

3 Key Decisions that Can Enhance Your Retirement Income
3 Key Decisions that Can Enhance Your Retirement Income
Do you know one thing worse than being on a fixed income in retirement? It is being on a fixed income that is not enough to fund a comfortab …
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The Roth 401(k) Explained
The Roth 401(k) Explained
The Roth 401(k) is an employer-sponsored retirement plan with these characteristics:It is a retirement account offered by employers with con …
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Non-Profit Bookkeeping Best Practices
Non-Profit Bookkeeping Best Practices
Nonprofit organizations enjoy certain federal and state tax advantages. However, those advantages come with strict rules intended to regulat …
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House Approves Bill to Increase Retirement Plan Coverage
House Approves Bill to Increase Retirement Plan Coverage
Just before Thanksgiving the U.S. House Committee on Education and Labor voted unanimously to advance legislation to improve employee access …
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Changing Tax Policy for Growing Nomad Workforce
Changing Tax Policy for Growing Nomad Workforce
Whether you call it the nomad workforce, remote workers, or the gig economy, people working from home or remote locations has been an accele …
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IRS Announces 2022 Tax Inflation Adjustments
IRS Announces 2022 Tax Inflation Adjustments
Each year the IRS makes adjustments to more than 60 tax provisions. This includes the tax rate schedules and other changesi. The current gyr …
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Important Tax Change Coming for Users of Payment Apps
Important Tax Change Coming for Users of Payment Apps
There are a great many solopreneurs, sole proprietors, and entrepreneurs who are using payment apps like Square, PayPal, and Venmo to charge …
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8 Tips for a Year-End Investment Checkup
8 Tips for a Year-End Investment Checkup
Before the end of the year, it is advisable to take some time to consult with tax and investment advisors to run through a checklist of inve …
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IRS Announces Retirement Account Changes for 2022
IRS Announces Retirement Account Changes for 2022
Toward the end of each tax year the IRS announces a mass of changes for the next tax year in just about every section of the tax code. Tax y …
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