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?...
Posts about
Business Tax (6)
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...
Consider a New Approach to Meeting Your Business Real Estate Needs
Where your business is located, and how you use the commercial space that you have, can mean the...
Financing the Growth of Your Business
Business activity ground to a halt in many areas during the pandemic. Fortunately, the Paycheck...
Notify the IRS if You Change Your Address
It’s important to notify the IRS if you move and change your address. Under tax law regulations, a...