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
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
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
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
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
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.
7 Simple Truths About Payroll for Employers
Employers: How are your payroll processes going these days? Many inefficiencies and compliance risks tend to fly under the radar.