Are employees at your business traveling again after months of virtual meetings? In Notice 2021-52, the IRS announced the fiscal 2022...

Run a business for any length of time and the importance of cash flow becomes abundantly clear. When payroll is due, bills are piling up...

In today’s data-driven world, business owners are constantly urged to track everything. And for good reason — having accurate, timely...

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2021. Keep in mind...

Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there are still more...

For many small businesses, the grand reopening is still on hold. The rapid spread of the Delta variant of COVID-19 has mired a variety of...

Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021, according to...

The U.S. economy has been nothing short of a roller-coaster ride for the past year and a half. Some industries have had to overcome...

If you use an automobile in your trade or business, you may wonder how depreciation tax deductions are determined. The rules are...

Commercial loans, particularly small business loans, have been in the news over the past year or so. The federal government’s Paycheck...

A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count as theft? In most cases it...

In order to prepare for a business audit, an IRS examiner generally does research about the specific industry and issues on the...

For many small to midsize businesses, spending money on marketing calls is a leap of faith that the benefits will outweigh the costs....

Business owners are regularly urged to create and update their succession plans. And rightfully so — in the event of an ownership change,...

If you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is one of...

In Notice 2021-46, the IRS recently issued additional guidance on the COBRA premium assistance provisions of the American Rescue Plan Act...

What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser or...

If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS. What...

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Keep in mind...

Are you eligible to take the deduction for qualified business income (QBI)? Here are 10 facts about this valuable tax break, referred to...