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Business Tax (2)

Installment Sales Can Be a Win-Win for Buyers and Sellers

For federal income tax purposes, an installment sale is when at least one payment of proceeds from...

QBI Deduction: Use It or (Possibly) Lose It

The qualified business income (QBI) deduction is available to eligible individuals through 2025....

Dos and Don’ts for Business Expense Deductions

As tax seasonheats up, companies of all kinds and sizes will be on the hunt for ways to reduce...

Tax Breaks for Employer-Paid Education Expenses

Is your business struggling with a shortage of skilled workers in today's tight labor market? One...

Year-End Review of S Corp Compensation: Stay on the Right Side of the IRS

With 2024 right around the corner, your shareholders might be thinking about year-end bonuses or...

IRS Delays $600 Form 1099-K Reporting Threshold

Businesses and individuals concerned about the confusing 1099-K reporting requirements can breathe...

Spelling Out the Rules for the Net Unrealized Appreciation Tax Break

Are you a small business owner or corporate owner holding appreciated company stock in your 401(k)...

Year-End Holiday Parties and Gifts: What’s Taxable?

The holidays are just around the corner, and now is the time for employers to start thinking about...

Will Your Crypto Transactions Be Reported on a Form 1099?

Some taxpayers may be unaware of all the federal tax reporting requirements for cryptocurrency...

Businesses: It's Time to Get Ready for the New Corporate Transparency Reporting Rules

Attention: Your business may soon have to meet new reporting requirements that take effect on...