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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.
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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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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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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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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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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 nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage rate used to calculate the deductible...
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When deciding on the best structure for your business, one option to consider is a C corporation. This entity offers several advantages and...
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As a small business owner, managing health care costs for yourself and your employees can be challenging. One effective tool to consider adding is a...
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When start-ups launch, their focus is often on tightly controlling expenses. Most need to establish a brand and some semblance of stability before...
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You don’t have to be in business to deduct certain vehicle expenses When you think about tax deductions for vehicle-related expenses, business...
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Let’s say you have an unincorporated sideline activity that you consider a business. Perhaps you offer photography services, create custom artwork or...