Your business faces a variety of tax-related deadlines in the first quarter of 2020.
The Tax Cuts and Jobs Act changed the way some businesses must compute per diem allowances. The IRS recently issued guidance for business travelers and their employers to clarify the changes.
Do you or your employees deduct transportation expenses for operating an automobile for business purposes? If so, learn about recent IRS guidance on optional standard mileage rates.
Before you know it, 2020 will be here. You may still have time to reduce your federal tax liability by taking these steps.