Showing pages tagged:

IRS

The IRS Unveils ERTC Relief Program For Employers

January 19, 2024

Learn more about the IRS new ERTC relief program for employers.

2024 Q1 Tax Calendar: Key Deadlines For Businesses And Other Employers

January 4, 2024

Learn some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2024

Does Your Business Have To Comply With The New Corporate Transparency Reporting Rules?

December 13, 2023

Your business may soon have to meet new reporting requirements that take effect on January 1, 2024 under the Corporate Transparency Act (CTA).

5 Strategies To Cut Your Company’s 2023 Tax Bill

December 1, 2023

Below are five strategies — including some tried-and-true and others particularly timely — that you can execute before the turn of the new year to minimize your company’s tax liability.

Irs Offers A Withdrawal Option To Businesses That Claimed Ertcs

October 31, 2023

Learn about IRS warnings about about The Employee Retention Tax Credit (ERTC) a new process that certain employers can use to withdraw their claims.

2023 Q4 Tax Calendar: Key Deadlines For Businesses And Other Employers

September 26, 2023

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2023.

IRS Suspends Processing Of ERTC Claims

September 22, 2023

In the face of a flood of illegitimate claims for the Employee Retention Tax Credit (ERTC), the IRS has imposed an immediate moratorium through at least the end of 2023 on processing new claims for the credit.

IRS Issues Guidance On New Retirement Catch-Up Contribution Rules

September 12, 2023

Learn the latest IRS guidance on new retirement catch-up contribution rules, with implications for both employers and employees.

The IRS Warns Businesses About ERTC Scams

August 18, 2023

Those that claim the ERTC improperly could find themselves in hot water with the IRS and face cash-flow problems as a result. Here’s what you need to know to reduce your risks.

Corporate Officers or Shareholders: How Should You Treat Expenses Paid Personally?

July 18, 2023

If you play a major role in a closely held corporation, you may sometimes spend money on corporate expenses personally. Learn how they are treated.

Starting a Business? How Expenses Will be Treated on your Tax Return

July 11, 2023

If you’re starting or planning to launch a new business, here are three expense rules to keep in mind...

Virtual Currency Lands In IRS Crosshairs

June 21, 2023

If you buy, sell or otherwise engage in transactions involving virtual currency, you need to stay up to date with the latest tax developments.

Traveling for Business this Summer? Here’s What You can Deduct

June 13, 2023

Learn what expenses can be deducted for employee business travel this summer.

IRS Guidance Coming Regarding the IRA’s Clean Vehicle Credit

May 2, 2023

On April 17, 2023, the IRS will publish proposed regulations to clarify how a CV can qualify for the credit...

The Standard Business Mileage Rate Is Going Up In 2023

January 9, 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...

Choosing A Business Entity? Here Are The Pros And Cons Of A C Corporation

December 7, 2022

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

November 15, 2022

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

November 9, 2022

Strategies to consider executing before year end that may reduce your 2022 or future tax liability...

What Local Transportation Costs Can Your Business Deduct?

October 18, 2022

Learn what business local transportation costs each year are deductible and how our CPA firm can help...

Clean Vehicle Credit Comes With Caveats

September 14, 2022

Here’s what you need to know about the credit if you’re thinking about purchasing an electric vehicle...

IRS Offers Penalty Relief For 2019, 2020 Tax Years

September 8, 2022

IRS Notice 2022-36 extends penalty relief to both individuals and businesses who missed the filing deadlines...

Why An LLC Might Be The Best Choice Of Entity For Your Business

August 19, 2022

The business entity you choose can affect your taxes, your personal liability and other issues...

Emerging Tax And Regulations Alert

May 15, 2022

The April tax filing deadline has passed, but that doesn’t mean you should push your taxes out of your mind...

N.H. Businesses With Employees Who Receive Tips May Be Eligible For A Tax Credit

January 17, 2022

If your N.H. business pays FICA taxes on tip income paid to your employees...

Does Your N.H. Business Provide A Company Car? Here’s How Taxes Are Handled

December 20, 2021

The use of a company vehicle is a valuable fringe benefit for owners and employees of small New Hampshire businesses...

N.H. Small Businesses: There Still May Be Time To Cut Your 2021 Taxes

December 6, 2021

Don’t let the holiday rush keep you from considering some important steps to reduce the 2021 tax liability...

Potential Tax Law Changes Hang Over 2021 Year-End Tax Planning For Individuals

November 22, 2021

While we wait to see which tax provisions are ultimately included in the Build Back Better Act (BBBA)...

IRS Urges Public to Stay Alert for Scam Phone Calls

February 15, 2018

The IRS continues to warn consumers to guard against scam phone calls from thieves’ intent on stealing their money...

 Back To Blog

Contact Us Today