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.
What contractors need to know about bonding capacity
Construction business owners: You’ve probably been urged to do everything you can to increase bonding capacity. Here’s a closer look at precisely what this means.
What types of expenses can’t be written off by your business?
You want to be able to deduct business expenses on your tax return. But in order to be deductible, expenses must be ordinary, necessary and reasonable. Here are the rules.
2023 Q4 tax calendar: Key deadlines for businesses and other employers
The leaves are beginning to turn in some areas so it’s time for businesses to start thinking about year-end tax strategies. It’s also a good time to think about the fourth quarter 2023 tax filing deadlines.