Defer a Current Tax Bill With a Like-Kind Exchange cover

Defer a Current Tax Bill With a Like-Kind Exchange

Are you interested in selling commercial or investment real estate that has appreciated significantly? A “like-kind” exchange may be an attractive option.
A Company Car Is a Valuable Perk but Don’t Forget About Taxes cover

A Company Car Is a Valuable Perk but Don’t Forget About Taxes

For many key employees, the use of a company car is a cherished perk. But before you hand over the keys, make sure you understand the federal tax rules.
The Standard Business Mileage Rate Has Increased Slightly in 2024 cover

The Standard Business Mileage Rate Has Increased Slightly in 2024

The price of gas is about the same as it was a year ago. Will this affect the amount your business can deduct for business driving in 2024?
Obscure and Overlooked Tax Deductions, Credits, and Benefits cover

Obscure and Overlooked Tax Deductions, Credits, and Benefits

As tax time approaches, it's time to review tax credits and deductions available to you. Don't miss these overlooked tax credits and benefits this year.
2024 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers cover

2024 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers

In the first quarter of 2024, businesses face several tax-related deadlines. Here are some key due dates and obligations.
Highlights of Next Year’s Fringe Benefit COLAs cover

Highlights of Next Year’s Fringe Benefit COLAs

Employers: Are you up to speed on the recently issued 2024 cost-of-living adjustments for many popular fringe benefits? Here are some of the latest amounts.
Key 2024 Inflation-Adjusted Tax Parameters for Small Businesses and Their Owners cover

Key 2024 Inflation-Adjusted Tax Parameters for Small Businesses and Their Owners

Before you know it, 2024 will be here. The IRS recently announced inflation-adjusted amounts for next year that are relevant to small businesses.
Last Minute 1099-K Reporting Threshold Change cover

Last Minute 1099-K Reporting Threshold Change

The IRS has announced a delay of the new $600 Form 1099-K reporting threshold for third-party settlement organizations for 2023.