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Business Tax (5)

Should You Separate Your Business from Its Real Estate?

Businesses that need real estate to conduct operations, or otherwise hold property, traditionally...

Using a Noncompete Agreement When Buying a Business

Noncompete agreements are commonly included in business purchase transactions to prevent the seller...

Should You Put Your Vacation Home into an LLC?

If you're lucky enough to own a vacation home, you might wonder about the optimal ownership...

5 Categories of Interest Expense: What's Deductible?

People often ask: Is the interest paid during the year deductible on my federal income tax return?...

Take Advantage of Tax Breaks for Small Businesses

If you own a small or medium-sized business, it may be eligible for some significant tax breaks...

Do LLC Members Owe Self-Employment Tax?

The federal tax code's self-employment tax provisions were enacted long before the existence of...

Tax Angles for Landlords Today

Economic fallout from the COVID-19 pandemic caused some rental real estate properties to run up tax...

Feast on Bigger Tax Deductions for Business Meals

Uncle Sam is helping to pick up the tab for certain business meals in 2021 and 2022. Under a...

7 Tax-Smart Reasons to Hire Your Spouse

Many businesses are having trouble recruiting and retaining qualified workers today. Nearly 90% of...

New Law Ends Employer Credit and Changes Cryptocurrency Reporting

A new law has retroactively ended the Employer Retention Credit (ERC) to apply only through...