Drive More Savings to Your Business with the Heavy SUV Tax Break
Are you considering replacing a car that you are using in your business? There are several tax implications to keep in mind. A Cap on Deductions Cars are subject to
Are you considering replacing a car that you are using in your business? There are several tax implications to keep in mind. A Cap on Deductions Cars are subject to
For most retailers, this is the most profitable season of the year. However, customer returns in January can cut deeply into December revenues — particularly if the returns are fraudulent.
You may be able to deduct some of your medical expenses, including prescription drugs, on your federal tax return. However, the rules make it hard for many people to qualify.
With a difficult year almost over, and another one on the horizon, now may be a good time to assess the size of your sales force. Maybe the economic changes
If the events of 2020 have taught non-profits anything, it is that financial reserves are essential to long-term survival. An endowment is different from operating reserves and generally is designed
When planning your estate, it is critical to balance estate tax planning and income tax planning. The problem is that, currently, strategies for reducing estate taxes generally focus on removing
Americans generally feel generous during the holidays and usually are eager to donate to worthy charitable causes. At the same time, they are so busy and rushed with holiday activities
S corporations can provide tax advantages over C corporations in the right circumstances. This is true if you expect that the business will incur losses in its early years because
Many employees take advantage of the opportunity to save taxes by placing funds in their employer’s health or dependent care flexible spending arrangements (FSAs). As the end of 2020 nears,
This year has taught businesses many lessons. The sudden onset of the COVID-19 pandemic followed by drastic changes to the economy have forced companies to alter the size of their