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If you’re hiring independent contractors, make sure they’re properly handled
Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary pressures....
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Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary pressures....
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...
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One popular fringe benefit is an education assistance program that allows employees to continue learning and perhaps earn a degree with financial...
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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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The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break available to...
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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 “stretch” IRA generally no longer exists. But if you have a substantial balance in a traditional IRA, a properly designed charitable remainder...
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If you’re an employer with a business where tipping is customary for providing food and beverages, you may qualify for a federal tax credit involving...
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While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year. That’s...
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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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If you use an automobile in your trade or business, you may wonder how depreciation tax deductions are determined. The rules are complicated, and...
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A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count as theft? In most cases it does but...