517.789.8900 fax. 517.789.6477
113 w. michigan ave, suite 301, jackson, mi 49201

HOMEBLOG

Blog

Mar
01
2021

Small Business Tax Briefs: March 2021

In this post: Work Opportunity Tax Credit extended through 2025.

READ MORE >

Feb
22
2021

Small Business Tax Briefs: February 2021

In this post: The cents-per-mile rate for business miles decreases again for 2021. Many tax amounts affecting businesses have increased for 2021. What are the tax implications of buying or selling a business? If you run a business from home, you could qualify for home office deductions.

READ MORE >

Jan
25
2021

Small Business Tax Briefs: January 2021

In this post: New law doubles business meal deductions and makes favorable PPP loan changes. Can your business benefit from the enhanced Employee Retention Tax Credit? PPP loans have reopened: Let’s review the tax consequences. The new Form 1099-NEC and the revised 1099-MISC are due to recipients soon.

READ MORE >

Dec
28
2020

Small Business Tax Briefs: December 2020

In this post: The QBI deduction basics and a year-end tax tip that might help you qualify. Drive more savings to your business with the heavy SUV tax break. 2021 Q1 tax calendar: Key deadlines for businesses and other employers.

READ MORE >

Nov
30
2020

Small Business Tax Briefs: November 2020

In this post: Tax responsibilities if your business is closing amid the pandemic. Do you want to withdraw cash from your closely held corporation at a low tax cost? Health Savings Accounts for your small business. The importance of S corporation basis and distribution elections. Small businesses: Cash in on depreciation tax savers.

READ MORE >

Oct
26
2020

Small Business Tax Briefs: October 2020

In this post: New business? It’s a good time to start a retirement plan.

READ MORE >

Sep
14
2020

Small Business Tax Briefs: September 2020

In this post: Employers have questions and concerns about deferring employees’ Social Security taxes. 2020 Q4 tax calendar: Key deadlines for businesses and other employers.

READ MORE >

Aug
31
2020

Small Business Tax Briefs: August 2020

In this post: File cash transaction reports for your business — on paper or electronically. The possible tax consequences of PPP loans. The President’s action to defer payroll taxes: What does it mean for your business? CARES Act made changes to excess business losses. 5 key points about bonus depreciation.

READ MORE >

Jul
27
2020

Small Business Tax Briefs: July 2020

In this post: Steer clear of the Trust Fund Recovery Penalty. Businesses: Get ready for the new Form 1099-NEC. Even if no money changes hands, bartering is a taxable transaction. Why do partners sometimes report more income on tax returns than they receive in cash?

READ MORE >

Jun
29
2020

Small Business Tax Briefs: June 2020

In this post: Business meal deductions: The current rules amid proposed changes. Rioting damage at your business? You may be able to claim casualty loss deductions. Good records are the key to tax deductions and trouble-free IRS audits. Launching a business? How to treat start-up expenses on your tax return. Haven’t filed your 2019 business tax return yet? There may be ways to chip away at your bill.

READ MORE >
Bond & Company Accepts These Credit Cards