The Planner

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

Paying Business Expenses Personally Will Cost You Taxes

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Core Group

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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