IRS Issues New Regs on Deducting Meal and Entertainment Expenses
The Tax Cuts and Jobs Act (TCJA) permanently eliminated deductions for most business-related...
Posts about
Business Tax (11)
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...
Year-End Tax Planning Moves for Small Businesses
It’s hard to believe 2019 is almost over! It’s been a busy year in many sectors, often forcing...
New Overtime Pay Rules Finalized for 2020
The U.S. Department of Labor (DOL) has issued the long-anticipated final version of its overtime...
Navigating a Global Expansion
Is your business part of the global economy? If not, it may be losing out on some revenue- and...
To Capitalize or Expense: How to Treat Website Costs for Tax Purposes
For most small businesses, having a website is a necessity. But what’s the proper tax treatment of...