Have you heard ads on TV telling businesses how they can claim a huge Employee Retention Credit? It might be possible for some employers,...

If you’re considering converting your C corporation to an S corporation, be aware that there may be tax implications if you’ve been using...

If you’re launching a new business venture, you’re probably wondering which form of business is most suitable. Here is a summary of the...

These days, most businesses have some intangible assets. The tax treatment of these assets can be complex. What makes intangibles so...

Businesses shut down for many reasons. Some of the reasons that businesses shutter their doors: An owner retirement, A lease expiration,...

These days, most businesses buy or lease computer software to use in their operations. Or perhaps your business develops computer...

How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice 2022-55, the IRS recently...

No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way to provide some of these...

Businesses can provide benefits to employees that don’t cost them much or anything at all. However, in some cases, employees may have to...

You and your small business are likely to incur a variety of local transportation costs each year. There are various tax implications for...

In today’s tough job market and economy, the Work Opportunity Tax Credit (WOTC) may help employers. Many business owners are hiring and...

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep in mind...

Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in the name of the...

Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your small business taxes for this year...

The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate, energy...

The business entity you choose can affect your taxes, your personal liability and other issues. A limited liability company (LLC) is...

As you’re aware, certain employers are required to report information related to their employees’ health coverage. Does your business...

These days, most businesses have websites. But surprisingly, the IRS hasn’t issued formal guidance on when website costs can be deducted....

Sometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to larger...

A business or individual might be able to dispose of appreciated real property without being taxed on the gain by exchanging it rather...