Choosing a business entity: Which way to go? cover

Choosing a business entity: Which way to go?

Choosing the best entity for your business is a multi-faceted decision. Here’s a look at some of the considerations.
Home Energy Audit Tax Benefits cover

Home Energy Audit Tax Benefits

Have you been thinking of making some home energy-saving improvements? You may qualify for some substantial income tax credits.
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.
How Do You Qualify for Innocent Spouse Relief from IRS Tax Problems? cover

How Do You Qualify for Innocent Spouse Relief from IRS Tax Problems?

Are you a spouse and were unaware of potential errors or underreporting on your tax return? You may be eligible for innocent spouse relief.