There may be a way to reduce a large tax bill if you own appreciated land that you want to subdivide and develop for sale. Here’s a three-step strategy.

When spending money personally on behalf of your closely held corporation, you want to ensure the expenses are tax deductible by either you or the business. Here are the key considerations.

You might want to enjoy the lazy days of summer, but employers and businesses need to make sure not to miss these third-quarter 2023 tax deadlines.

Here’s a rundown of the tax deductions you can claim for business travel.

Keeping careful business records for meal and vehicle expenses can safeguard your tax deductions. Here are some DOs and DON’Ts.

Does your business provide Health Savings Accounts (HSAs) to employees? The IRS has announced the inflation-adjusted amounts for 2024. Here they are, along with the benefits of HSAs

These days, many businesses are filling vacant positions and saving money by using independent contractors. Here are the basic rules to help keep you out of trouble with the IRS.

There are several choices of entities for a new business venture. What about an S corporation? Here are the advantages.

For 2023, high inflation has increased the adjustments the IRS makes annually to certain tax provisions. Here’s how much your employees can contribute to a 401(k) and an HSA this year, as well as other important business tax amounts.