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Business Tax (10)

A Good Time for Making Tax-Smart Family Loans

During the COVID-19 crisis, you may want to loan money to a family member in need of financial...

COVID-19 Tax Relief: Roundup of Postponed Federal Tax Deadlines

As a COVID-19 relief measure, the IRS has postponed many of the usual federal tax filing and...

Last-Minute Strategies for Businesses that Deferred Filing Tax Returns

Postponed Deadlines for Business Entities

The IRS has postponed until July 15 deadlines for federal...

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...