Many businesses engage in cleaning up environmental contamination. Unfortunately, every type of environmental cleanup expense cannot be currently deducted on your tax return. Here are the basic rules.
Posted on December 3, 2019
Many businesses engage in cleaning up environmental contamination. Unfortunately, every type of environmental cleanup expense cannot be currently deducted on your tax return. Here are the basic rules.
Posted on November 12, 2019
These are several factors to consider when a business converts from C corporation to S corporation status. Here is what you should understand.
Posted on October 22, 2019
Health Savings Accounts offer a flexible, tax-advantaged option for providing health care coverage. Employers and employees can benefit. Here’s a look at what an HSA could mean for your business.
Posted on October 1, 2019
Nearly every business has a website and the IRS hasn’t yet released official guidance on the tax treatment of website development costs. However, you can apply existing guidance on other costs. Here’s the story.
Posted on September 10, 2019
There are many retirement plan options for small business owners and their employees. Here’s a quick rundown of three of them.
Posted on August 20, 2019
If the names and Social Security numbers on your employees’ W-2 forms don’t match the government’s records, you may receive a “no-match letter.” Here’s what these letters mean and how to proceed.
Posted on July 29, 2019
Before conducting an audit, IRS examiners do their homework by reviewing “Audit Technique Guides.” Business owners and executives can easily read the same guides.