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Small business alert: Watch out for the 100% penalty
Some tax sins are much worse than others. An example is failing to pay over federal income and employment taxes that have been withheld from...
We have prepared a selection of frequently asked questions.
2 min read
Some tax sins are much worse than others. An example is failing to pay over federal income and employment taxes that have been withheld from...
2 min read
Financial statements can fascinate accountants, investors and lenders. However, for business owners, they may not be real page-turners.
2 min read
Suppose your adult child or friend needs to borrow money. Maybe it’s to buy a first home or address a cash flow problem. You may want to help by...
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Have you ever invested in a company only to see its stock value plummet? (This may become relevant in light of recent market volatility.) While such...
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When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next generation of leaders...
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There are some nice tax breaks for transportation-related employee fringe benefits. If your employer offers these tax-favored fringes, you should...
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Are you starting a business with partners and deciding on the right entity? An S corporation might be the best choice for your new venture.
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If you made significant gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a...
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Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses were able to claim a tax deduction for most business-related interest expense....
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As a business owner, you may be eligible to claim home office tax deductions that will reduce your taxable income. However, it’s crucial to...
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If you’re getting ready to file your 2024 tax return and your tax bill is higher than you’d like, there may still be a chance to lower it. If you’re...
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From the moment they launch their companies, business owners are urged to use key performance indicators (KPIs) to monitor performance. And for good...
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The IRS announced it will start the 2025 filing season for individual income tax returns on January 27. That’s when the agency began accepting and...