If you used one or more vehicles in your business during 2025, there may be meaningful opportunities to claim deductions on your 2025 income tax return. The rules can get complex; factors like the vehicle’s weight and how you split business vs. personal use can directly influence what…more
Summer Business Travel: What Expenses Are Tax Deductible? If you’re a small business owner or self-employed professional planning summer business trips, understanding which travel expenses are tax deductible is essential. With current IRS rules and potential tax law changes, it’s more important than ever to stay informed and…more
What triggers an IRS audit and how can you prepare if your business is selected?
Mark your calendar: It’s time for businesses to start thinking about the fourth quarter 2024 tax filing deadlines.
Summer is here and tax deadlines are probably the last thing on your mind. But there are some important third-quarter deadlines that businesses can’t afford to forget about.
There are several factors to consider when converting from a C corporation to an S corporation. Here are four of the tax issues you may face.
Spring is here, along with a bunch of tax-related deadlines. Here are some upcoming dates for the second quarter of 2024 that businesses and employers should keep in mind.
Many businesses have a choice of using cash or accrual accounting for tax purposes. If you’re one of them, which route should you take? Here are the rules.
