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Business Tax (10)

CARES Act Provides 4 Possible Reasons to File an Amended Return

The $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Actdelivers good news to...

Should You File a Business Interruption Claim for COVID-19 Losses?

With much of the country currently on lockdown due to the novel coronavirus (COVID-19) crisis, many...

IRS Coronavirus Tax Relief Update

Update on Coronavirus-related paid leave for workers and tax credits for small and midsize...

COVID-19 Pandemic Poses Complex HR Policy Questions

Questions from employers and employees about coronavirus (COVID-19) pandemic are multiplying almost...

IRS Issues New Regs on Deducting Meal and Entertainment Expenses

The Tax Cuts and Jobs Act (TCJA) permanently eliminated deductions for most business-related...

7 Valuable Tax Credits for Small Businesses

Many people are familiar with tax credits for individual taxpayers, such as the credits for higher...

Congress Approves New Disaster-Area Tax Relief

A flurry of tax legislation passed at the end of 2019 as part of an omnibus spending package. You...

Important Tax Figures for 2020

The following table provides some important federal tax information for 2020, as compared with...

New Spending Law Contains Holiday Surprises

On December 20, President Trump signed into law the annual government spending package, which...

How to Reduce the Tax Hit on Soon-to-Be-Developed Land

In many places, real estate prices are soaring. That’s good news for owners of undeveloped land in...