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.
An optimal succession plan considers every stakeholder in the business. One that you might have overlooked: Your lender.
Before you know it, 2020 will be here. You may still have time to reduce your federal tax liability by taking these steps.
If you’re working on your year-end tax plan, you’d be wise to take these 2020 cost-of-living amounts into consideration.
Business budgets often perform well for a while but suddenly drop off a cliff when something unexpected happens. Proper risk management can prevent this.