A review of certain provisions in existing laws may indicate the many areas ripe for tax legislation action in the next two years of Congress.
Have employees who receive tips? Here are the business tax implications
Many businesses in certain industries employ individuals who receive tips as part of their compensation. Learn about some employer responsibilities
The Standard Business Mileage Rate Is Going Up In 2023
The optional standard mileage rate used to calculate the tax-deductible cost of operating an automobile for business will be going up in 2023. Learn more.
2023 Q1 tax calendar: Key deadlines for businesses and other employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023.
Choosing A Business Entity? Here Are The Pros And Cons Of A C Corporation
Here is a summary of the major advantages and disadvantages of doing business as a C corporation.
Act Now To Reduce Your Business’s 2022 Tax Bill
Regardless of how your company has fared so far in 2022, there’s still time to make moves that may reduce your federal tax liability.
5 Steps To Take Now To Cut Your 2022 Tax Liability
Strategies to consider executing before year end that may reduce your 2022 or future tax liability.
Inflation Reduction Act Expands Deductions For Energy-Efficient Construction
The changes to the Section 179D deduction for commercial buildings and the Section 45L credit for residential homes increase their potential value and make them available to more taxpayers than ever before.
What Local Transportation Costs Can Your Business Deduct?
Learn what business local transportation costs each year are deductible and how our CPA firm can help.
Clean Vehicle Credit Comes With Caveats
Here’s what you need to know about the credit if you’re thinking about purchasing an electric vehicle (EV) and the The Inflation Reduction Act (IRA)