If your business doesn’t already have a retirement plan, now might be a good time to take the plunge. Current retirement plan rules allow...

Despite the robust job market, there are still some people losing their jobs. If you’re laid off or terminated from employment, taxes are...

In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for goods and services...

The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break...

If you own your own company and travel for business, you may wonder whether you can deduct the costs of having your spouse accompany you...

Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as a...

If you’re in business for yourself as a sole proprietor, or you’re planning to start a business, you need to know about the tax aspects...

If you operate a business, or you’re starting a new one, you know you need to keep records of your income and expenses. Specifically, you...

While some businesses have closed since the start of the COVID-19 crisis, many new ventures have launched. Entrepreneurs have cited a...

Many tax limits that affect businesses are annually indexed for inflation, and a number of them have increased for 2022. Here’s a rundown...

If you’re an employer with a business where tipping is customary for providing food and beverages, you may qualify for a federal tax...

Many employees — from retail workers to sales staffers involved in complex business-to-business transactions — receive part of their...

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

The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This perk results in tax...

If your business is successful and you do a lot of business travel, you may have considered buying a corporate aircraft. Of course, there...

Don’t let the holiday rush keep you from considering some important steps to reduce your 2021 tax liability. You still have time to...

The Employee Retention Credit (ERC) was a valuable tax credit that helped employers survive the COVID-19 pandemic. A new law has...