Bad Debts: What Losses Can You Deduct and When?
Attempts to claim write-offs for bad debt losses have fueled controversies with the IRS for many...
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Business Tax (9)
Important Tax Figures for 2021
The following table provides some important federal tax information for 2021, as compared with...
Ways to Fully Deduct Business-Related Meals
Restaurants have struggled mightily during the COVID-19 pandemic. Thankfully, they’re specifically...
The Tax Implications of Closing a Schedule C Business
Unfortunately, many businesses have already been forced to close their doors due to the economic...
16 Sweet Cost-Cutting Measures for Small Businesses to Consider
Many small business owners are looking forward to the end of 2020. It has been a year of...
2020 Year-End Tax Planning Ideas for Small Businesses
Small business owners still have time to make tax planning moves to lower their 2020 federal income...
Small Businesses: Are First-Year Depreciation Write-Offs Right for You?
Under today’s federal income tax rules, your business may be able to claim big first-year...
5 Mid-year Tax Planning Ideas for Small Business Owners
The second half of 2020 has begun. What steps can small business owners take today to lower taxes...
Who Will Run Your Business After You?
If you’re a business owner, do you have a plan in place that names who’ll follow you as head of...
Employees Working at Home? Rethink Your Space Needs
For some employees, working from home is a personally liberating experience that contributes to...