Tax Tips

[vc_row][vc_column][vc_single_image image=”2689″ img_size=”full”][vc_column_text css=”.vc_custom_1665680333239{margin-bottom: 0px !important;}”]Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your small business taxes for this […]

[vc_row][vc_column][vc_single_image image=”2680″ img_size=”full”][vc_column_text css=”.vc_custom_1665682167572{margin-bottom: 0px !important;}”]Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep in mind that this list […]

As you’re aware, certain employers are required to report information related to their employees’ health coverage. Does your business have to comply, and if so, what must be done? Basic […]

The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate, energy and taxes. There has been a lot of media […]

Despite widespread fears of recession in recent months, hiring remains strong in the United States. Employers added 528,000 jobs in July 2022 and many organizations seeking new workers are having […]

These days, most businesses have websites. But surprisingly, the IRS hasn’t issued formal guidance on when website costs can be deducted. Fortunately, established rules that generally apply to the deductibility […]

Sometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to larger businesses. Here are some examples. 1. QBI deduction for […]

Sadly, many businesses have been forced to shut down recently due to the pandemic and the economy. If this is your situation, we can assist you, including taking care of […]

Although merger and acquisition activity has been down in 2022, according to various reports, there are still companies being bought and sold. If your business is considering merging with or […]

There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed to reduce or eliminate an extra level of tax on dividends […]

Are you a partner in a business? You may have come across a situation that’s puzzling. In each year, you may be taxed on more partnership income than was distributed […]

The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to review the rules for computing corporate federal estimated payments. You […]