IRS Notice 2022-36 extends penalty relief to both individuals and businesses who missed the filing deadlines for certain 2019 and/or 2020 tax and information returns.
The business entity you choose can affect your taxes, your personal liability and other issues. Learn why a limited liability company (LLC) may be a good choice.
The U.S. Senate and House of Representatives have passed the Inflation Reduction Act (IRA). President Biden is expected to sign the bill into law shortly. Here are the highlights...
The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers — but only for a limited duration. Learn more...
The April tax filing deadline has passed, but that doesn’t mean you should push your taxes out of your mind until next year. Here are three tax-related actions that you should consider taking in the near term (if you filed on time and didn’t file for an extension).
The U.S. House of Representatives recently passed SECURE 2.0, the bill contains numerous provisions that — if enacted — would affect both individuals and employers. Learn more...
If your N.H. business pays FICA taxes on tip income paid to your employees, learn if the tip tax credit may be valuable to you
The use of a company vehicle is a valuable fringe benefit for owners and employees of small New Hampshire businesses.Learn how the taxes are handled...
Don’t let the holiday rush keep you from considering some important steps to reduce the 2021 tax liability of your N.H based small business.. Learn more...
The end of the tax year is fast approaching for many N.H.businesses, but their ability to engage in traditional year-end planning may be hampered by the specter of looming tax legislation. Learn more...
