Blog
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2020
Small Business Tax Briefs: January 2020
In this post: New law helps businesses make their employees’ retirement secure. New rules will soon require employers to annually disclose retirement income to employees. Cents-per-mile rate for business miles decreases slightly for 2020.
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2020
What Landlords Should Know About Taxes
Landlords need to include these rental-related payments in their gross income.
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2019
Small Business Tax Briefs: December 2019
In this post: Holiday parties and gifts can help show your appreciation and provide tax breaks. 2020 Q1 tax calendar: Key deadlines for businesses and other employers. Small Businesses: It may not be not too late to cut your 2019 taxes. Wayfair revisited — It’s time to review your sales tax obligations. New law provides a variety of tax breaks to businesses and employers.
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2019
FEDERAL TAX POSTS
Have you kept up with notifications and public messages from the IRS? Check out these recent Federal tax posts to see you may have missed.
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2019
Small Business Tax Briefs: November 2019
In this post: Small businesses: Stay clear of a severe payroll tax penalty. Small businesses: Get ready for your 1099-MISC reporting requirements. The tax implications if your business engages in environmental cleanup. 2 valuable year-end tax-saving tools for your business.
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2019
Small Business Tax Briefs: October 2019
In this post: Understanding and controlling the unemployment tax costs of your business. Setting up a Health Savings Account for your small business. Accelerate depreciation deductions with a cost segregation study. Thinking about converting from a C corporation to an S corporation?
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2019
Small Business Tax Briefs: September 2019
In this post: The key to retirement security is picking the right plan for your business. 2019 Q4 tax calendar: Key deadlines for businesses and other employers. 5 ways to withdraw cash from your corporation while avoiding dividend treatment. How to treat your business website costs for tax purposes. The chances of an IRS audit are low, but business owners should be prepared.
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2019
Small Business Tax Briefs: August 2019
In this post: The IRS is targeting business transactions in bitcoin and other virtual currencies. What to do if your business receives a “no-match” letter. Should you elect S corporation status? The tax implications of a company car.
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2019
Small Business Tax Briefs: July 2019
In this post: Bartering: A taxable transaction even if your business exchanges no cash. M&A transactions: Avoid surprises from the IRS. It’s a good time to buy business equipment and other depreciable property. Businesses can utilize the same information IRS auditors use to examine tax returns. Take a closer look at home office deductions.
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2019
Small Business Tax Briefs: June 2019
In this post: Employers: Be aware (or beware) of a harsh payroll tax penalty. Hiring this summer? You may qualify for a valuable tax credit. 2019 Q3 tax calendar: Key deadlines for businesses and other employers. Which entity is most suitable for your new or existing business?
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