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IRS Extends Relief For Inherited IRAs

April 29, 2024

IRS extends RMD relief for inherited IRAs into 2024, providing crucial tax planning flexibility for designated beneficiaries.

Irs Issues Guidance On Tax Treatment Of Energy Efficiency Rebates

April 22, 2024

"Discover IRS guidance on tax-free energy efficiency rebates under the Inflation Reduction Act, including eligibility and savings."

President Biden’s Proposed Budget Highlights His Tax Agenda

March 21, 2024

An overview of the major tax proposals included in the 2025 President Biden budget.

Independent Contractor Vs. Employee Status: The Dol Issues New Final Rule

March 19, 2024

Learn the new U.S. Department of Labor’s (DOL’s) test for determining whether a worker should be classified as an independent contractor or an employee for purposes.

What’s The Best Accounting Method Route For Business Tax Purposes?

February 15, 2024

Learn more about what is the best accounting method route for business tax purposes.

9 Tax Considerations If You’re Starting A Business As A Sole Proprietor

February 8, 2024

Nine tax considerations to consider if you’re launching a venture as a sole proprietorship, Best New Hampshire Certified Public Accounting firm

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).

There Still May Be Time To Reduce Your Small Business 2023 Tax Bill

December 6, 2023

Don’t forget to consider these steps to cut the 2023 tax liability for your business. You still have time to take advantage of a few opportunities.

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.

Take Action Now To Reduce Your 2023 Income Tax Bill

November 10, 2023

Here are some year-end tax planning strategies and steps to consider as 2023 comes to a close.

What Types Of Expenses Can’t Be Written Off By Your Business?

October 18, 2023

We explore various business expenses that can't be written off according to the Internal Revenue Code.

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.

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.

Reading the tea leaves: Potential tax legislation in the new Congress

February 16, 2023

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...

February 8, 2023

Many businesses in certain industries employ individuals who receive tips as part of their compensation...

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...

The Inflation Reduction Act Includes Wide-Ranging Tax Provisions

August 12, 2022

The U.S. Senate and House of Representatives have passed the Inflation Reduction Act (IRA)...

Businesses: Act Now To Make The Most Out Of Bonus Depreciation

July 22, 2022

The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers...

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)...

The Infrastructure Investment And Jobs Act Includes Tax-Related Provisions You’ll Want To Know About

November 15, 2021

Learn the latest Infrastructure and Jobs Act (IIJA) tax provisions impacting NH businesses...

Get Your Piece Of The Depreciation Pie Now With A Cost Segregation Study

October 20, 2021

If your New Hampshire business is depreciating over a 30-year period the entire cost of constructing...

Tax Depreciation Rules For N.H. Business Automobiles

September 21, 2021

If you use an automobile in your trade or business, you may wonder how depreciation tax deductions...

PPP Forgiveness And Repayment: What N.H. Businesses Need To Know Now

July 26, 2021

A critical deadline is approaching for many of the New Hampshire businesses that have received loans...

Getting A New N.H. Business Off The Ground: How Start-up Expenses Are Handled On Your Tax Return

July 21, 2021

N.H. entrepreneurs often don’t know that many of the expenses incurred by start-ups...

Eligible N.H. Businesses: Claim the Employee Retention Tax Credit

July 15, 2021

Here is what N.H businesses should know about the Employee Retention Tax Credit (ERTC) rules...

The Coronavirus Aid Relief and Economic Security Act (CARES) With Comments

March 30, 2021

Learn more about The Coronavirus Aid Relief and Economic Security Act (CARES) signed on March 27...

COVID-Related Tax Relief Act of 2020 (COVIDTRA) Summary

December 29, 2020

Here is a summary of the relief advantages that are in the COVID-Related Tax Relief Act of 2020...

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