Tax on Holiday Bonus

A large number of companies provide their employees with holiday bonus or end of the year bonus. In fact, a study states that about...

Yes, Even Car Color Matters When Evaluating Vehicle Depreciation Costs

The management of fleet vehicles is inherently costly, but the biggest fleet expense is by far the depreciation of vehicles, followed by fuel costs....

What to Do if You Missed the Tax Deadline

So you missed your federal tax filing deadline. Maybe you had a good reason, a personal or family emergency for example. Or maybe you...

Top 6 Mobile Accounting Apps for Small Business

If you're a small business owner these days, chances are you're always on the go. There’s no use waiting until you get back the...

Real Estate Expenses During Pre-Acquisition

There are various real estate expenditures that are deductible to the corporation and others that are capitalized or allocated to inventory. In this FAQ,...

Subject of a Business Tax Investigation? Here’s What You Should Do

In terms of situations you’d rather not find yourself in, being the subject of a small business tax investigation probably ranks quite high. The...

Are You Ready for Digital Bookkeeping?

If you’re still using paper to track your business payments and receipts, you may want to reconsider. Paper records and supporting documentation can be...

3 Ways to Maximize Your Return

Let’s face it: business tax returns can be tricky. Whether you file a corporate return or you report pass-through business income on your personal...

Meals, Entertainment, and Transportation May Cost Businesses More Under the TCJA

Along with tax rate reductions and a new deduction for pass-through qualified business income, the new tax law brings the reduction or elimination of...

Immediate Effects of Trump’s Tax Plan

With the President signing the Tax Cuts and Jobs Act late last year, you may be wondering what immediate effects this law will have...

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