Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These costs may wind...

The IRS recently released guidance providing the 2022 inflation-adjusted amounts for Health Savings Accounts (HSAs). Fundamentals of HSAs...

If your business is organized as a sole proprietorship or as a wholly owned limited liability company (LLC), you’re subject to both...

Many businesses use independent contractors to help keep their costs down. If you’re among them, make sure that these workers are...

Many businesses provide education fringe benefits so their employees can improve their skills and gain additional knowledge. An employee...

Are you wondering whether alternative energy technologies can help you manage energy costs in your business? If so, there’s a valuable...

Owners of incorporated businesses know that there’s a tax advantage to taking money out of a C corporation as compensation rather than as...

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

As a business owner, you should be aware that you can save family income and payroll taxes by putting your child on the payroll. Here are...

Are you considering buying or replacing a vehicle that you’ll use in your business? If you choose a heavy sport utility vehicle (SUV),...

Are you thinking about launching a business with some partners and wondering what type of entity to form? An S corporation may be the...

Employers that sponsor health care plans should start devising communication strategies regarding COVID-related deadline extensions and...

While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have started new small businesses. Many...

COVID-19 has shut down many businesses, causing widespread furloughs and layoffs. Fortunately, employers that keep workers on their...

The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of January 11. If you’re...

The best choice of entity can affect your business in several ways, including the amount of your tax bill. In some cases, businesses...

In one recent cybercrime scheme, a mortgage company employee accessed his employer’s records without authorization, then used stolen...

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2021. Keep in mind...

Are you considering replacing a car that you’re using in your business? There are several tax implications to keep in mind. A cap on...

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is...