Category: Small Business

Small Business

4 Important Considerations When Hiring Professional Recruiters by Mari Luque-Hanchett

Posted on March 14, 2024

It can be exceedingly difficult for companies to fill jobs that require specialized skills, such as finance and accounting, especially in a tight labor market with low unemployment. With so many job vacancies available to a limited number of qualified candidates, businesses must use all the resources available to stand out from the pack, build […]

Podcast – BPB Knows Cash Flow Management

Posted on March 05, 2024

On today’s episode Associate Director Debra Sears shares her thoughts about the importance of cash flow and strategies for making improvements.

IRS Sets Standard Mileage Rates for Vehicle Use in 2024 by Steven Rubin, CPA

Posted on January 22, 2024 by Steven Rubin

The IRS announced the inflation adjustments taxpayers may use to determine the deductible costs of operating a motor vehicle for business, charitable and medical purposes in tax year 2024. Taxpayers also have the option to calculate these expenses based on the actual costs they incur to use their vehicles. Effective Jan. 1, 2024, the standard […]

IRS Announces Inflation-Adjusted Individual Tax Rates for 2024 by Tony Gutierrez, CPA

Posted on January 11, 2024 by Anthony Gutierrez

The IRS released the annual cost-of-living adjustments to various provisions of the tax code for 2024. Marginal Income Tax Rates The following seven tax rates apply to income individuals earn in 2024. 37 percent for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly) 35 percent for incomes over $243,725 […]

Podcast – BPB Knows Recruiting

Posted on January 04, 2024 by Joseph Saka

In this episode, head of recruiting Mari-Luque Hanchett talks about what makes a successful recruiting strategy and how we assist clients in filling executive and professional roles.

IRS Sets Retirement Savings Plan Contribution Limits for 2024 by Jonathan Kraes, CPA

Posted on December 27, 2023 by Jonathan Kraes

The IRS’s 2024 cost-of-living adjustments for retirement savers include higher annual contribution limits to 401(k) plans and Individual Retirement Accounts (IRAs) along with higher income limits for individuals to qualify for tax-deductible contributions to traditional IRAs and taxable contribution to Roth IRAs. Employer-Sponsored Retirement Plans In 2024, employees may contribute up to $23,000 into workplace […]