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Business Tax

Business Owners: Expiration Date Is Approaching for Certain TCJA Provisions

The Tax Cuts and Jobs Act (TCJA) included many important federal income tax provisions that affect...

Business Owners: Failure to Substantiate Donations Can Be Costly

Charitable donations can provide businesses with significant tax savings. But for gifts over a...

Planning for Taxable Gains and Losses

What's the difference between capital gains and losses and ordinary gains and losses? The...

Personal Use of Corporate Jets: Flying Below the IRS’s Radar

The IRS has announced a new audit initiativetargeting the personal use of business aircraft. Some...

Close-Up on Pass-Through Entity Tax Laws

At the start of 2024, three dozen states and New York City already had pass-through entity taxes...

Updated Guidance on Business Vehicle Depreciation

The rules for deducting depreciation expenses on vehicles used for business purposes have been...

Brush Up on Campaign Contributions Rules

It's a presidential election year again! With campaign season gearing up, many individuals and...

Growth Strategies: How to Take Your Business to the Next Level

Once your business has survived the start-up phase, it's got a solid foundation to grow. SSB...

Don’t Overlook the Child Care Tax Credit

For years, the tax code has offered an incentive for employers to provide child care to their...

Chart a Tax Course for Business Travel

Are you planning to take a business trip this summer? If your destination is known for its cultural...