The Tax Cuts and Jobs Act (TCJA) brought a significant, albeit delayed, change to the tax treatment of research and experimentation (R&E) costs under Internal Revenue Code Section 174. After the law was enacted, many tax experts mistakenly expected that Congress would intervene before the amendment took effect.
At the start of 2024, three dozen states and New York City already had pass-through entity taxes...
Once your business has survived the start-up phase, it's got a solid foundation to grow. SSB...
C corporation ownersoften need to take cash out of the business to pay personal expenses or to...
Did you buy an electric vehicle (EV) in 2023? Under the Inflation Reduction Act (IRA), passed late...
The SECURE 2.0 Act, enacted late in 2022, creates new tax-saving opportunities for retirement...
More than half of 16-to-24-year-olds are employed, according to the most recent statistics from the...
At some point, every business owner leaves the company, either voluntarily through retirement or...
Are you considering inviting an employee or an outsider to participate in your existing...
Private businesses implemented new lease accounting rules in 2022, resulting in a major shift in...