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Update on depreciating business assets
The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation...
We have prepared a selection of frequently asked questions.
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The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation...
2 min read
If your employer provides life insurance, you probably find it to be a desirable fringe benefit. However, if group term life insurance is part of...
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If you play a major role in a closely held corporation, you may sometimes spend money on corporate expenses personally. These costs may end up being...
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Government officials saw a large increase in the number of new businesses launched during the COVID-19 pandemic. And the U.S. Census Bureau reports...
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If you and your employees are traveling for business this summer, there are a number of considerations to keep in mind. Under tax law, in order to...
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Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2023. Keep in mind that this list...
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Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing...
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If you’re claiming deductions for business meals or auto expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete...
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If you’re the owner of an incorporated business, you know there’s a tax advantage to taking money out of a C corporation as compensation rather than...
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As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low. But you should be careful...
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The coronavirus (COVID-19) pandemic has caused the value of some retirement accounts to decrease because of the stock market downturn. But if you...
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Millions of eligible Americans have already received their Economic Impact Payments (EIPs) via direct deposit or paper checks, according to the IRS....
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The law providing relief due to the coronavirus (COVID-19) pandemic contains a beneficial change in the tax rules for many improvements to interior...