Although there have been some positive signs for the U.S. economy thus far in 2022, many businesses are still reeling from last year’s...

Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting...

The federal government is helping to pick up the tab for certain business meals. Under a provision that’s part of one of the COVID-19...

While many economic indicators remain strong, the U.S. economy is still giving business owners plenty to think about. The nation’s gross...

By now, most business owners view technology upgrades as inevitable. Whether hardware or software, the tech your company relies on to...

Traditional IRAs and Roth IRAs have been around for decades and the rules surrounding them have changed many times. What hasn’t changed...

The IRS announced it is opening the 2021 individual income tax return filing season on January 24. (Business returns are already being...

After two years of no increases, the optional standard mileage rate used to calculate the deductible cost of operating an automobile for...

Now that 2022 is up and running, business owners can expect to face a few challenges and tough choices as the year rolls along. No matter...

The IRS began accepting 2021 individual tax returns on January 24. If you haven’t prepared yet for tax season, here are three quick tips...

They say we live in an on-demand world. Right now, many business owners are demanding one thing: more workers. Unfortunately, the labor...

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2022. Keep in mind...

Among the biggest long-term concerns of many business owners is succession planning — how to smoothly and safely transfer ownership and...

The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This perk results in tax...

Business owners, year end is officially here. It may even be over by the time you read this. (If so, Happy New Year!) In any case, the...

In Notice 2021-61, the IRS recently announced 2022 cost-of-living adjustments to dollar limits and thresholds for qualified retirement...

If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to reduce your liability. Here are...

If your business is successful and you do a lot of business travel, you may have considered buying a corporate aircraft. Of course, there...

Every business should prepare an annual budget. Creating a comprehensive, realistic spending plan allows you to identify potential...

The Infrastructure Investment and Jobs Act (IIJA) was signed into law on November 15, 2021. It includes new information reporting...