How Does Education Impact Your Taxes?
How do scholarships, fellowship grants, and education expenses impact your taxes? What is the latest update on student loan forgiveness? Read more to answer all of your questions.
Research Credit Available as a Payroll Tax Credit Doubled
The Inflation Reduction Act has a provision that could benefit small business startups. It could allow them to double the research and development credit.
Update on Business Asset Depreciation
Inflation can have some beneficial side effects. One is that the amount of depreciation tax breaks your business can claim has increased for 2023.
Would “Interest Crediting” Help Boost Participation in Your Organization’s HRA?
Employers offering employees the option to invest in an HRA may be able to enhance this benefit by adding an “interest crediting” feature to their plans.
6 Common Tax Mistakes That Can Land You in Trouble with the IRS
Some common tax mistakes are more than just a small problem. They could actually land you in trouble with the IRS if you're not careful.
SECURE 2.0 Act: Should Your 401(k) Help Employees With Emergencies?
SECURE 2.0 Act kicks in next year which may allow businesses to help employees in financial emergencies through their 401(k)s.
Guaranteeing a Loan to Your Corporation? There May be Tax Implications
If your corporation defaults on a loan that you guarantee, there may be tax consequences. You don’t want to be caught unaware.