Taking the opposite approach: Ways your business can accelerate taxable income and defer deductions
Typically, businesses want to delay recognition of taxable income into…
Establish a tax-favored retirement plan
If your business doesn’t already have a retirement plan, now…
Does your business barter? Here are some facts you should know
In today’s economy, many small businesses are strapped for cash.…
Can you deduct the costs of a spouse on a business trip?
If you own your own company and travel for business,…
Making withdrawals from your closely held corporation that aren’t taxed as dividends
Do you want to withdraw cash from your closely held…
2022 Q1 tax calendar: Key deadlines for businesses and other employers
Here are some of the key tax-related deadlines affecting businesses…
Entrepreneurs and taxes: How expenses are claimed on tax returns
While some businesses have closed since the start of the…
Businesses with employees who receive tips may be eligible for a tax credit
If you’re an employer with a business where tipping is…
Entrepreneurs and taxes: How expenses are claimed on tax returns
While some businesses have closed since the start of the…
Keeping meticulous records is the key to tax deductions and painless IRS audits
If you operate a business, or you’re starting a new…