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Business Tax (8)

Beware: Teleworking Arrangements May Cause State Tax Withholding Issues

During the COVID-19 pandemic, many employers shut down their regular workplaces, either partially...

Material Participation Standard is the Key to Unlocking LLC Tax Losses

Many privately held businesses have incurred losses during the COVID-19 pandemic. Unfortunately,...

Contractors: Prevent Profit Fade on Your Projects

Have you ever completed a job only to realize that the cost of performing the work equals or...

As the Economy Warms Up, Will You Be Ready?

Preparing for a surge in demand for your business’ products and services doesn’t mean you have to...

Don’t Overlook the Need for a Detailed Weather Emergency Plan

Weather emergencies take many forms, and depending on your location, you’re likely more vulnerable...

How Virtual Currency Transactions Affect Your Tax Situation

Virtual currencies, also known as cryptocurrencies, have gone mainstream. For example, you can use...

DOL Suspends Changes to Trump-Era Labor Regulations

The U.S. Department of Labor (DOL) has recently taken action on the criteria for determining...

The Evolution of the Employee Retention Credit

The pandemic has adversely affected many sectors of the U.S. economy, causing widespread job...

Which Start-Up Costs Are Deductible for Federal Tax Purposes?

Many people started businesses in 2020, and many others plan to launch new ventures in 2021....