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.
3 last-minute tips that may help trim your tax bill
Before you know it, 2020 will be here. You may still have time to reduce your federal tax liability by taking these steps.
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.
The tax implications if your business engages in environmental cleanup
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.
Bridging the gap between budgeting and risk management
Business budgets often perform well for a while but suddenly drop off a cliff when something unexpected happens. Proper risk management can prevent this.
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.
Using your 401(k) plan to save this year and next
Have you been contributing enough in 2019 to your employer’s 401(k) plan or Roth 401(k)? Here are the contribution limits for this year and the just-announced limit for 2020.
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.
Thinking about converting from a C corporation to an S corporation?
These are several factors to consider when a business converts from C corporation to S corporation status. Here is what you should understand.