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Keys to Less Painful IRS Audits - With Case Study
Thorough record-keeping and legitimate business expenditures are very important for less painful IRS audits.
Apr 17, 2024


Q2 2024 Business Tax Dates
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024.
Apr 3, 2024


The Best Accounting Method Route for Business Tax: Cash or Accrual
Many businesses have a choice of using cash or accrual accounting for tax purposes. If you’re one of them, which route should you take?
Mar 28, 2024


Take a Business Trip with your Spouse? Here’s What you Should Know about the Business Expense Write Off
As a traveling business owner with your spouse, you may consider claiming your travel expense as deductions. Discover what is deductible.
Mar 14, 2024


9 Tax Considerations when Starting a Business as a Sole Proprietor
When embarking on a small business endeavor as a sole proprietor, there are nine key tax factors to consider. Read to learn more.
Mar 12, 2024


Qualified Small Business Corporation (QSBC) Benefits
Operating your small business as a Qualified Small Business Corporation (QSBC) could be a smart idea, tax-wise that is. Learn why.
Feb 22, 2024


Pension-Linked Emergency Savings Account (PLESA) - Should your Business Offer it to Its Employees?
The Pension-Linked Emergency Savings Account (PLESA) offers a new benefit option for employees facing emergencies. Read to learn more.
Feb 19, 2024


FICA Tax Credits on Employee Tip Wages
Operating a business in which your employees receive tips may present additional tax credits for you as a business owner. Read to learn more
Feb 16, 2024


Updates on the Employee Retention Tax Credit (ERTC)
To combat the number of questionable ERTC claims, the IRS devised programs to allow businesses to pay back funds after filing false claims.
Feb 8, 2024


Defer a Current Tax Bill with a Like-Kind Exchange
Considering a like-kind exchange to defer a tax bill, read more to learn how to do it.
Feb 5, 2024


The Standard Business Mileage Rate is Increasing in 2024
The standard deduction rate is increasing from 65.5 cents to 67 cents - accounting for the national increase in gas prices. Learn more.
Jan 31, 2024


Tax Questions & Answers
You may have some questions pertaining to this year's tax process and rules. We will do our best to address them in this article.
Jan 18, 2024


Tax Implications on Company Cars
While providing company cars can indeed be a valuable benefit for businesses, it's important to note the tax rules and implications.
Jan 9, 2024


Why Would my Business need an Operational Review?
Start the new year off with an operational review. Learn why you may need to conduct an operational review of your business.
Jan 8, 2024


Key 2024 Inflation-Adjusted Tax Amounts for Small Business Owners
The IRS recently announced inflation-adjusted amounts for next year that are relevant to small businesses. Here's a breakdown.
Dec 13, 2023


Holiday Shopping - Tax Tips for the Holidays
In the midst of holiday shopping, don’t forget to consider these strategies to cut the 2023 tax liability for your business. Read More.
Dec 6, 2023


Cut Taxes and Boost your Cash Flow through Cost Segregation Studies
Cost segregation studies is a strategy that yields tax benefits, but it’s not the right move for every business. Here’s how it can help.
Nov 27, 2023


Choosing a Business Structure
Choosing the best entity for your business is a multi-faceted decision. Here are some things to consider.
Nov 21, 2023


Why Consider a Business Valuation?
Most know that a valuation will be necessary if they decide to sell their companies. But there are other reasons to consider. Here are a few
Nov 15, 2023


Failure to Pay Payroll Taxes - Here's an Overview
Failure to pay payroll taxes is a tricky slope that can hold business owners and its leadership team accountable. Here's an overview.
Nov 14, 2023
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