Divorcing Business Owners Should Pay Attention to the Tax Consequences cover

Divorcing Business Owners Should Pay Attention to the Tax Consequences

If you’re getting a divorce, you know the process is generally filled with stress. But if you’re a business owner, tax issues can complicate matters even more.
There Still May Be Time to Reduce Your Small Business 2023 Tax Bill cover

There Still May Be Time to Reduce Your Small Business 2023 Tax Bill

The holiday whirlwind has begun. There may be ways your small business can save on your 2023 tax bill. You must act fast to take advantage.
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.
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.