Does your business make online, phone or mail-order sales in states where it lacks a physical presence? If so, it’s critical to find out if those states have economic nexus laws and determine whether your activities are enough to trigger them.
Key deadlines for businesses and other employers
Your business faces a variety of tax-related deadlines in the first quarter of 2020.
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.
What lenders look for in a succession plan
An optimal succession plan considers every stakeholder in the business. One that you might have overlooked: Your lender.
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.
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.