5 Ways Employers Can Better Manage Unemployment Taxes and Benefits cover

5 Ways Employers Can Better Manage Unemployment Taxes and Benefits

There may be ways to improve your management of FUTA taxes and provide unemployment benefits. Read more to find out how.
Business Automobiles: How the Tax Depreciation Rules Work cover

Business Automobiles: How the Tax Depreciation Rules Work

Complex calculations are involved in claiming depreciation deductions for the business use of a passenger automobile. Fiducial the basic rules you need to know.
The Social Security Wage Base for Employees and Self-Employed People Is Increasing in 2024 cover

The Social Security Wage Base for Employees and Self-Employed People Is Increasing in 2024

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase in 2024. Read more to learn about this update.
Fall Tax Planning For Small Businesses cover

Fall Tax Planning For Small Businesses

Now that we’re entering the fall season, it’s a good time to start thinking about year-end tax planning for your small business.
New Per Diem Business Travel Rates Kicked In on October 1 cover

New Per Diem Business Travel Rates Kicked In on October 1

The IRS recently announced the special “per diem” rates that became effective Oct. 1, 2023. Read more to find out the basics of these new rates.
New Business Start-up Costs cover

New Business Start-up Costs

Start-up costs are one of the first considerations when starting a new business. You can identify and address these costs in a solid business plan.
IRS Provides Employers Way to Withdraw Dubious ERC Claims cover

IRS Provides Employers Way to Withdraw Dubious ERC Claims

Many businesses have fallen victim to aggressive marketing of the ERC resulting in ineligible claims. The IRS is providing employers a way to withdraw those claims.
How IRS Auditors Learn About Your Business Industry cover

How IRS Auditors Learn About Your Business Industry

IRS examiners use publications called Audit Techniques Guides to prepare for audits in certain industries. Learn how you can those publications too.