Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules are...

Ever wonder how IRS examiners know about different industries so they can audit various businesses? They generally do research about...

If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions...

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

In recent years, merger and acquisition activity has been strong in many industries. If your business is considering merging with or...

Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues. The...

The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation...

Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary...

Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by...

One popular fringe benefit is an education assistance program that allows employees to continue learning and perhaps earn a degree with...

If you’re the owner of an incorporated business, you know there’s a tax advantage to taking money out of a C corporation as compensation...

If your business occupies substantial space and needs to increase or move from that space in the future, you should keep the...

If you’re thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial commitment...

Summer is around the corner so you may be thinking about hiring young people at your small business. At the same time, you may have...

If you’re starting a business with some partners and wondering what type of entity to form, an S corporation may be the most suitable...

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2023. Keep in...

It’s been years since the Tax Cuts and Jobs Act (TCJA) of 2017 was signed into law, but it’s still having an impact. Several provisions...

Under tax law, businesses can generally deduct advertising and marketing expenses that help keep existing customers and bring in new...

If you’re buying or replacing a vehicle that you’ll use in your business, be aware that a heavy SUV may provide a more generous tax break...

Many people began working from home during the COVID-19 pandemic — and many still work from their home offices either all the time or on...