The Planner

The Planner is CORE Group's blog and a way to help others interested in up to date tax service news.

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Core Group

Paying Business Expenses Personally Will Cost You Taxes

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Core Group
Paying Business Expenses Personally Will Cost You Taxes


One of the small changes in the new tax law could impact small business owners in a big way.  If you’re like many businesses you pay for some business expenses personally.  Nothing wrong with that, but you need to be careful how you handle the accounting or you could lose the business deduction entirely.

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Automatic Check Signing

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Core Group

Automatic Check Signing


Over the last decade, more and more large companies have adjusted their payroll systems to enable automatic check signing. Whether a company uses its own check signing machine or downloads a software program, automatic check signing has become nearly universal in some industries and is an efficient method of cutting down on the time and expense of writing paychecks.

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What is a 401(k) Plan?

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Core Group

What is a 401(k) Plan?


The 401(k) plan is an arrangement that allows employees to choose between taking compensation in cash or deferring a percentage of it to an employer-sponsored retirement account. If an employee chooses to defer, the amount will be deducted from his or her paycheck before taxation. All 401(k) plans must adhere to the federal regulations contained in the tax code and in the Employee Retirement Income Security Act (ERISA).

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Individual Retirement Accounts

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Core Group

Individual retirement accounts (IRAs), allow an individual to save money for retirement on a tax-deferred basis. It can be difficult to organize investments, choose the right type of retirement account, and pay all necessary taxes, so if you are an Oklahoma resident and have questions about planning your own future, it is crucial to speak with an experienced financial management team who can handle accounting, tax preparation, and other financial services.

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How to Make Your Company’s Holiday Season Less… Taxing

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Core Group

We’re just going to come right out and say it. We’re tax experts –– not therapists. We can’t tell you how to navigate heated dinner table conversations with your cousin. We don’t know how to forgo our great aunt’s weird Jello salad without hurting her feelings. We’re also bad at pretending to love that hideous sweater our grandma got us… Maybe just don it for a family photo, frame it, give it to her as a gift, then take it to Goodwill? If you figure any of this out, let us know. What we can tell you, however, is how to tackle three common challenges that may arise for your business throughout the hustle and bustle of the holiday season. Here’s how to take some stress off your (already full) plate.

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ESOP (And no it’s not a Fable)

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Core Group
ESOP (And no it’s not a Fable)

‍One of the critical mistakes most business owners make is the lack of a succession plan. That is, there only plan is to die in their chair. The sad truth is that many business owners leave a lot of value on the proverbial table by not planning for the EVENTUALITY that they will someday die. Traditional options for business succession are generally grouped into three categories:

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