The holiday whirlwind has begun. There may be ways your small business can save on 2023 taxes. But you must act fast.
Key 2024 inflation-adjusted tax amounts for individuals
Every year, the dollar amounts allowed for various federal tax benefits are subject to change based on inflation adjustments. The IRS recently announced the amounts for 2024.
IRS delays new reporting rule for online payment processors
The IRS is delaying the $600 Form 1099-K reporting threshold for third-party settlement organizations for the 2023 tax year.
5 strategies to cut your company’s 2023 tax bill
Making time for year-end tax planning time now may prove beneficial come tax-filing time next year.
Choosing a business entity: Which way to go?
Choosing the best entity for your business is a multi-faceted decision. Here’s a look at the some of the considerations.
The 2024 cost-of-living adjustment numbers have been released: How do they affect your year-end tax planning?
Take these 2024 cost-of-living adjustments into consideration as you work on your year-end tax planning.
Take action now to reduce your 2023 income tax bill
Concerned about your 2023 tax liability? Consider these year-end tax planning strategies.
IRS offers a withdrawal option to businesses that claimed ERTCs
The IRS has created a path that businesses can use to withdraw unprocessed ERTC claims if they determine the claims are invalid.
Business automobiles: How the tax depreciation rules work
Complex calculations are involved in claiming depreciation deductions for the business use of a passenger automobile. Here are the basic rules.