by J.R. Martin & Associates | Apr 8, 2026 | Blog
Key TakeawaysHow long you keep a document depends on what it is, which law applies, and sometimes your stateâs rules as well. A practical baseline is to keep general personnel records for at least two years, payroll tax records at least four years, benefits...
by J.R. Martin & Associates | Apr 5, 2026 | Blog, Small Business Accounting
Passing down your business to the next generation represents years of hard workâbut even when you keep it in the family, skipping a professional valuation can create costly surprises. Here’s the truth: family succession might be one of the most important times...
by J.R. Martin & Associates | Mar 29, 2026 | Blog
If you’re in a business partnership, you’ve probably realized that getting paid isn’t as straightforward as receiving a regular paycheck. It’s completely normal to feel uncertain about how partnership compensation worksâthe rules are genuinely...
by J.R. Martin & Associates | Mar 22, 2026 | Blog, Business Strategy
If you’ve ever laid awake at night worrying about whether you have enough cash to cover next month’s expenses, you’re not alone. That knot in your stomach when a big client payment runs late, or when you realize a slow month could put everything at...
by J.R. Martin & Associates | Mar 15, 2026 | Blog
If you’ve elected S-corporation status for your business, you’ve probably heard conflicting advice about how much salary you need to pay yourself. It’s completely normal to feel confused about thisâthe rules aren’t always explained clearly, and...
by J.R. Martin & Associates | Mar 11, 2026 | Blog
Key TakeawaysEstimated tax payments are required if you expect to owe at least $1,000 in federal tax after withholding and credits You generally must pay at least 90% of your current-year tax or 100% of last yearâs tax (110% if last yearâs AGI exceeded $150,000)...
