One of the many challenges of running a construction business is properly accounting for long-term projects. Here’s a look at one popular option: the percentage of completion method.
Update on IRS efforts to combat questionable Employee Retention Tax Credit claims
Aggressive marketing encouraging businesses to claim the pandemic-related Employee Retention Tax Credit led to many taxpayers erroneously receiving refunds. The IRS has a program that allows them to come forward and repay part of the money before collection efforts begin.
The IRS unveils ERTC relief program for employers
The IRS’s new Voluntary Disclosure Program may provide employers relief from penalties related to ineligible Employee Retention Tax Credit claims.
2024 tax calendar
Reference this tax calendar to learn the 2024 deadlines for various tax-related forms and payments.
There’s a new threshold for electronically filing information returns
Businesses that file 10 or more information returns must now file them electronically.
2024 Q1 tax calendar: Key deadlines for businesses and other employers
In the first quarter of 2024, businesses face several tax-related deadlines. Here are some key due dates and obligations.
Businesses: Do you have to comply with the new corporate transparency reporting rules?
The new corporate transparency reporting rules are complex, but failing to comply with them can be costly to businesses.
4 ideas that may help reduce your 2023 tax bill
Before you know it, 2024 will be here. But until then, there may still be time to reduce your 2023 federal tax liability by taking these steps.
There still may be time to reduce your small business 2023 tax bill
The holiday whirlwind has begun. There may be ways your small business can save on 2023 taxes. But you must act fast.