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...

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

The federal government is helping to pick up the tab for certain business meals. Under a provision that’s part of one of the COVID-19...

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

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

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...

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

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

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...