Have you heard ads on TV telling businesses how they can claim a huge Employee Retention Credit? It might be possible for some employers but it also might be too good to be true.
2023 tax calendar
Reference this tax calendar to learn the 2023 deadlines for various tax-related forms and payments.
The standard business mileage rate is going up in 2023
The price of gas is lower than it was a year ago. How does this affect the amount your business can deduct for business driving in 2023? You might be surprised.
Year-end spending package tackles retirement planning, conservation easements
Tucked into the Consolidated Appropriations Act of 2023 is a package of enhanced retirement benefits, otherwise known as the SECURE 2.0 Act. Here are some of the provisions.
Do you qualify for the QBI deduction? And can you do anything by year-end to help qualify?
Owners of pass-through businesses may be able to save tax with the valuable QBI deduction by taking certain steps at year-end.
Choosing a business entity? Here are the pros and cons of a C corporation
If you’re starting a new business, you may wonder if you should operate as a C corporation, an S corporation or another entity. Here’s a summary of what will happen if you choose a C corporation.
Strategies for investors to cut taxes as year-end approaches
The end of the year is a good time to examine your portfolio for tax purposes. Here are some strategies that may save you taxes.
Year-end giving to charity or loved ones
Many people like to give thanks at this time of year by donating to their favorite charities. Here are the basic 2022 rules for charitable contributions and gifts to loved ones.
Act now to reduce your business’s 2022 tax bill
As 2022 winds down, now is the time for your business to take stock of its tax situation and implement year-end tax planning strategies.