With Thanksgiving just around the corner, the holiday season will soon be here. At this time of year, your business may want to show its...

Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will...

With the increasing cost of employee health care benefits, your business may be interested in providing some of these benefits through an...

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $147,000 for...

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

Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021, according to...

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

The week of September 13-17 has been declared National Small Business Week by the Small Business Administration. To commemorate the week,...

A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count as theft? In most cases it...

In recent weeks, some Americans have been victimized by hurricanes, severe storms, flooding, wildfires and other disasters. No matter...

In order to prepare for a business audit, an IRS examiner generally does research about the specific industry and issues on the...

If you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is one of...

What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser or...

If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS. What...

Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to protect your...

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...