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...

Merger and acquisition activity dropped dramatically last year due to rising interest rates and a slowing economy. The total value of M&A...

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

An array of tax-related limits that affect businesses are indexed annually, and due to high inflation, many have increased more than...

With the 2023 filing season deadline drawing near, be aware that the deadline for businesses to file information returns for hired...

If your small business has a retirement plan, and even if it doesn’t, you may see changes and benefits from a new law. The Setting Every...