Monthly Archives: September 2019

Preparing for 2020 Payroll

By |2020-01-13T08:56:40-06:00September 20th, 2019|Accounting|

Taxable Limit Bases & Rates Social Security wage base $137,700; rate 6.2% Medicare wage base unlimited; rate 1.45% Additional Medicare tax 0.9% on wages in excess of $200,000 Federal Unemployment Tax (FUTA) wage base $7,000; rate 0.6% Iowa unemployment tax wage base $31,600 You should have received a notice of your 2020 rate in early [...]

Work Opportunity Tax Credit 2020

By |2020-01-09T12:33:27-06:00September 20th, 2019|Accounting, WOTC|

The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment. The target groups include unemployed veterans, ex-felons, designated community residents in Rural Renewal Counties (ages 18 to 39), etc. Some of the Rural Renewal Counties in [...]

Book Review – Traction: Get A Grip On Your Business

By |2020-01-16T15:02:24-06:00September 6th, 2019|Advisory, Change, Goals, Preparation|

Do you feel like you get caught up in the day-to-day details of your business and never have the opportunity to work on the business itself? This is exactly how our firm’s leadership group felt here at TDT. Fortunately, we found Traction: Get A Grip On Your Business, by Gino Wickman, and it changed [...]

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