Green tax reform represents a significant shift from solely focusing on revenue generation to leveraging tax policies to incentivize environmentally responsible practices and drive sustainable behavior. This approach not only
Could operating your small business as a Qualified Small Business Corporation (QSBC) be a tax-wise idea for you? Tax-Free Treatment For Eligible Stock Gains QSBCs are the same as garden-variety
Are you an employer with a business where tipping is routine when providing food and beverages? If yes, you may qualify for a federal tax credit regarding the Social Security
If you’re contemplating the sale of appreciated commercial or investment real estate and wish to postpone the associated tax liability, consider leveraging a Section 1031 “like-kind” exchange. In this type
The deductible cost of operating a business automobile will see an increase of 1.5 cents per mile in 2024, as the optional standard mileage rate rises. The recent announcement by
The automotive industry is witnessing a shift towards cleaner and greener transportation, driven in part by tax incentives designed to encourage the adoption of electric vehicles (EVs) and fuel cell
The landscape of tax regulations for research and experimental development (R&D) expenditures underwent significant changes with the 2017 Tax Cuts & Jobs Act, marking the most comprehensive overhaul in more
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may
The holiday season is upon us! During this time of year, many organizations may choose to show its gratitude to employees and customers by gift giving or hosting holiday parties.
The use of a company car stands out as a valued fringe benefit for small business owners and employees. It leads to tax deductions for employers and tax breaks for
