VOLUME 11 2023

We're excited to bring you a wide range of insightful topics this month! From the intricacies of working with family members to essential tips on selecting the ideal payroll partner, we've got you covered. Stay ahead of the game with insights into the forthcoming Social Security Wage Base increase for 2024 and two new tax provisions that could provide some financial relief. We not only cover who'll be impacted by these changes but also provide a breakdown on what you can expect next year. In addition, we're delighted to spotlight Roxanne White's remarkable journey towards balance and success with her cosmetics procedures business, made possible with the support of Padgett Barrington!

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Making it work when working with family

Thinking of hiring family members? Here’s how to make it a success.

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How to choose a payroll partner

Check if your payroll partner is the best fit for you by asking these 5 key questions.

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The Social Security wage base is increasing in 2024

If you’re an employee or are self-employed, here’s how the upcoming increase can affect you.

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Facing a future emergency? Two new tax provisions may soon provide relief

Considered tapping your IRA or 401(k) but worried about penalties? There could be some relief in 2024.

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Roxanne White finds the beauty of balance with Padgett

With help from Padgett Barrington, Roxanne's aesthetics business thrived, allowing her to prioritize her clients.

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About Padgett

At PADGETT BUSINESS SERVICES®, we know the stresses of running a business can keep owners awake at night. Your business is your livelihood — and quite possibly the livelihood of your employees — so it’s no wonder it’s always on your mind. PADGETT is here to help. We offer tax, accounting, payroll and advisory services that can help your business reach new heights, allowing you to rest easy.

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ADVISORY

PADGETT BUSINESS SERVICES® is dedicated to meeting the accounting, tax, payroll, compliance and advisory needs of small businesses. This publication is intended for informational purposes only and should not be construed as tax or legal advice. Such information is by nature subject to revision and may not be the most current information available. You should seek advice from a PADGETT BUSINESS SERVICES® representative or an independent advisor before acting on any of the information contained in this document. Each office is independently owned and operated.