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Keep these DOs and DON’Ts in mind when deducting business meal and vehicle expenses
If you’re claiming deductions for business meals or auto expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete...
2 min read
If you’re claiming deductions for business meals or auto expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete...
2 min read
If you’re the owner of an incorporated business, you know there’s a tax advantage to taking money out of a C corporation as compensation rather than...
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If you’re starting a business with some partners and wondering what type of entity to form, an S corporation may be the most suitable form of...
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How do taxes factor into an M&A transaction? Although merger and acquisition activity has been down in 2022, according to various reports, there are...
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If you’re getting ready to file your 2021 tax return, and your tax bill is more than you’d like, there might still be a way to lower it. If you’re...
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Many employees — from retail workers to sales staffers involved in complex business-to-business transactions — receive part of their compensation...
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The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This perk results in tax deductions for the...
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With Thanksgiving just around the corner, the holiday season will soon be here. At this time of year, your business may want to show its gratitude to...
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The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $147,000 for 2022 (up...
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Estate planning and investment risk management go hand in hand. After all, an estate plan is effective only if you have some wealth to transfer to...
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The week of September 13-17 has been declared National Small Business Week by the Small Business Administration. To commemorate the week, here are...
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If you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is one of your biggest...
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Employer-provided life insurance is a coveted fringe benefit. However, if group term life insurance is part of your benefit package, and the coverage...