July 9, 2025
How a business owner’s home office can result in tax deductions
Business TaxesBusinessTax Deductions
Can I itemize deductions on my tax return?
July 7, 2025
Can I itemize deductions on my tax return? You may wonder if you can claim itemized deductions on your tax return. Perhaps you made…
5 steps to creating a pay transparency strategy
July 4, 2025
5 steps to creating a pay transparency strategy Today’s job seekers and employees have grown accustomed to having an incredible amount of…
Ways to manage the limit on the business interest expense deduction
July 2, 2025
Ways to manage the limit on the business interest expense deduction Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses…
Choosing the right sales compensation model for your business
June 30, 2025
Choosing the right sales compensation model for your business A strong sales team is the driving force of most small to midsize businesses.…
Exploring business entities: Is an S corporation the right choice?
June 27, 2025
Exploring business entities: Is an S corporation the right choice? Are you starting a business with partners and deciding on the right…
Riding the tax break train: Maximizing employee transportation fringe benefits
June 25, 2025
Riding the tax break train: Maximizing employee transportation fringe benefits There are some nice tax breaks for transportation-related…
How to evaluate and undertake a business transformation
June 23, 2025
How to evaluate and undertake a business transformation Many industries have undergone monumental changes over the last decade or so.…
Tax TipsBusiness TaxesTax AdviceBusinessTax Planning
Planning for the future: 5 business succession options and their tax implications
June 20, 2025
Planning for the future: 5 business succession options and their tax implications When it’s time to consider your business’s future,…
Turning stock downturns into tax advantages
June 18, 2025
Turning stock downturns into tax advantages Have you ever invested in a company only to see its stock value plummet? (This may become…
Weighing the pluses and minuses of HDHPs + HSAs for businesses
June 16, 2025
Weighing the pluses and minuses of HDHPs + HSAs for businesses Will your company be ready to add a health insurance plan for next year, or…
6 essential tips for small business payroll tax compliance
June 13, 2025
6 essential tips for small business payroll tax compliance Staying compliant with payroll tax laws is crucial for small businesses.…
Deduct a loss from making a personal loan to a relative or friend
June 11, 2025
Deduct a loss from making a personal loan to a relative or friend Suppose your adult child or friend needs to borrow money. Maybe it’s to…
Business owners should get comfortable with their financial statements
June 9, 2025
Business owners should get comfortable with their financial statements Financial statements can fascinate accountants, investors and…
Are you a tax-favored real estate professional?
June 6, 2025
Are you a tax-favored real estate professional? For federal income tax purposes, the general rule is that rental real estate losses are…
Discover if you qualify for “head of household” tax filing status
June 4, 2025
Discover if you qualify for “head of household” tax filing status When we prepare your tax return, we’ll check one of the following filing…
Is your business on top of its tech stack?
June 2, 2025
Is your business on top of its tech stack? Like many business owners, you’ve probably received a lot of technology advice. One term you may…
Small business alert: Watch out for the 100% penalty
May 30, 2025
Small business alert: Watch out for the 100% penalty Some tax sins are much worse than others. An example is failing to pay over federal…
Businesses considering incorporation should beware of the reasonable compensation conundrum
May 28, 2025
Businesses considering incorporation should beware of the reasonable compensation conundrum Small to midsize businesses have valid reasons…
Turn a summer job into tax savings: Hire your child and reap the rewards
May 26, 2025
Turn a summer job into tax savings: Hire your child and reap the rewards With summer fast approaching, you might be considering hiring…
Tax Filing DeadlinesTax AdviceBusiness
What tax documents can you safely shred? And which ones should you keep?
May 23, 2025
What tax documents can you safely shred? And which ones should you keep? Once your 2024 tax return is in the hands of the IRS, you may be…
How companies can spot dangers by examining concentration
May 21, 2025
How companies can spot dangers by examining concentration At first glance, the word “concentration” might seem to describe a positive…
Explore SEP and SIMPLE retirement plans for your small business
May 19, 2025
Explore SEP and SIMPLE retirement plans for your small business Suppose you’re thinking about setting up a retirement plan for yourself and…
Understanding the “step-up in basis” when inheriting assets
May 16, 2025
Understanding the “step-up in basis” when inheriting assets If you inherit assets after a loved one passes away, they often arrive with a…
EBHRAs: A flexible health benefits choice for businesses
May 14, 2025
EBHRAs: A flexible health benefits choice for businesses Today’s companies have several kinds of tax-advantaged accounts or arrangements…