ConnollySteele4 days ago2 minWhen businesses may want to take a contrary approach with income and deductionsBusinesses usually want to delay recognition of taxable income into future years and accelerate deductions into the current year. But...
ConnollySteele4 days ago2 minDon’t have a tax-favored retirement plan? Set one up nowIf your business doesn’t already have a retirement plan, it might be a good time to take the plunge. Current retirement plan rules allow...
ConnollySteeleApr 93 minScrupulous records and legitimate business expenses are the key to less painful IRS auditsIf you operate a business, or you’re starting a new one, you know records of income and expenses need to be kept. Specifically, you...
ConnollySteeleApr 41 min2024 Q2 tax calendar: Key deadlines for businesses and employersHere are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in...