The tax implications if your business engages in environmental cleanup
If your company faces the need to “remediate” or clean up environmental contamination, the money you spend can be deductibleRead more.
What is your taxpayer filing status?
For tax purposes, December 31 means more than New Year’s Eve celebrations. It affects the filing status box that willRead more.
Bridging the gap between budgeting and risk management
At many companies, a wide gap exists between the budgeting process and risk management. Failing to consider major threats couldRead more.
Small businesses: Get ready for your 1099-MISC reporting requirements
A month after the new year begins, your business may be required to comply with rules to report amounts paidRead more.
Using your 401(k) plan to save this year and next
You can reduce taxes and save for retirement by contributing to a tax-advantaged retirement plan. If your employer offers aRead more.
3 key traits of every successful salesperson
Take a mental snapshot of your sales staff. Do only a few of its members consistently bring in high volumesRead more.
Small businesses: Stay clear of a severe payroll tax penalty
One of the most laborious tasks for small businesses is managing payroll. But it’s critical that you not only withholdRead more.
You may be ABLE to save for a disabled family member with a tax-advantaged account
There’s a tax-advantaged way for people to save for the needs of family members with disabilities — without having themRead more.
Is multicloud computing right for your business?
Cloud computing — storing data and accessing apps via the Internet — has been widely adopted by businesses across industryRead more.
Thinking about converting from a C corporation to an S corporation?
The right entity choice can make a difference in the tax bill you owe for your business. Although S corporationsRead more.
IRA charitable donations are an alternative to taxable required distributions
Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older,Read more.
A shadow board could shed light on your company’s best future
In many industries, market conditions move fast. Businesses that don’t have their ears to the ground can quickly get leftRead more.
Accelerate depreciation deductions with a cost segregation study
Is your business depreciating over a 30-year period the entire cost of constructing the building that houses your operation? IfRead more.
Selling securities by year end? Avoid the wash sale rule
If you’re planning to sell assets at a loss to offset gains that have been realized during the year, it’sRead more.