Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s...

Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, you’re concerned about the financial...

Your business can set up an educational assistance plan that can give each eligible employee up to $5,250 in annual...

If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood — tax benefit...

Stock, mutual fund and ETF prices have bounced around lately. If you make what turns out to be an ill-fated investment in a taxable...

As a business owner, you may be eligible to claim home office tax deductions that will reduce your taxable income. However, it’s crucial...

Businesses in certain industries employ service workers who receive tips as a large part of their compensation. These businesses include...