Reference this tax calendar to learn 2020 deadlines of various tax-related forms and payments.
Spending bill extends tax breaks, adds retirement account provisions
A year-end governmentwide spending bill includes the extensions of almost all of the tax “extenders.” It also introduces the Setting Every Community Up for Retirement Enhancement (SECURE) Act, the first major retirement-related legislation since 2006.
IRS updates rules for using per diem rates
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.
IRS updates rules for mileage-related deductions
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.
Factor 2020 cost-of-living adjustments into your year-end tax planning
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 year-end tax planning in a TCJA world
Allocating year-end tax planning time now can prove beneficial come tax filing time next year.
It’s not too late to trim your 2019 tax bill
If you’re concerned about your 2019 tax liability, consider these year-end tax planning opportunities.
The U.S. Department of Labor finalizes the new overtime rule
The U.S. Department of Labor’s final overtime rule goes into effect on January 1, 2020. Will your company be ready?
IRS issues final QBI real estate safe harbor rules
A safe harbor for rental real estate to qualify for the qualified business income deduction is now allowed.