The Inflation Reduction Act expands the R&D payroll tax credit for eligible small businesses for tax years beginning after Dec. 31, 2022. Learn more about what’s new and what requirements must be met to qualify.
2022 Q4 tax calendar: Key deadlines for businesses and other employers
It’s time for businesses to start thinking about year-end tax strategies. It’s also a good time to think about the fourth quarter 2022 tax filing deadlines.
Separating your business from its real estate
Separating the ownership of a business’s real estate from the business isn’t always advisable. But it might be worthwhile in some situations.
Year-end tax planning ideas for your small business
Before you know it, the end of 2022 will be near. Here are some year-end moves to consider that may help your small business save on taxes.
The Inflation Reduction Act: what’s in it for you?
If you’re interested in purchasing energy-saving property for your home or an electric vehicle, you may qualify for a tax break under the new Inflation Reduction Act. Here are the basic rules.
Clean Vehicle Credit comes with caveats
The Inflation Reduction Act’s Clean Vehicle Credit might alter the timing of purchasing a new or used qualifying electric vehicle. Learn why.
Inflation Reduction Act provisions of interest to small businesses
The new Inflation Reduction Act provides small businesses with an incentive to increase their investments in research.
IRS offers penalty relief for 2019, 2020 tax years
The IRS is providing broad-based penalty relief to most taxpayers who filed certain 2019 and/or 2020 tax returns late due to the COVID-19 pandemic. Find out if you might qualify.
Home sweet home: Do you qualify for office deductions?
Many people started working from home during the pandemic and have continued working out of home offices. Some of them qualify for home office deductions, but unfortunately, not all of them do. Here are the rules.