Surprising Expenses You Cannot Deduct

Taking all the tax deductions to which you’re entitled is only smart business, right? But you may be surprised to know that the IRS...

The Tax Cuts Jobs Act Temporarily Expands Bonus Depreciation

The Tax Cuts and Jobs Act (TCJA) enhances some tax breaks for businesses while reducing or eliminating others. One break it enhances — temporarily...

How to Handle Taxes on Bonus Wages Like a Payroll Expert

This blog post is written for American businesses. Click here for How the Bonus Tax Method Works in Canada. Supplemental wages are the wage payments you pay...

What to Expect with Your Taxes in 2018

Now that sweeping new tax legislation has been enacted by Congress and signed into law by the President, tax experts are taking a closer...

Steps to Avoid an IRS Worker Classification Audit

Any small business must hire more people as the business grows and thrives. At the initial stage when work is sporadic, it may make...

Tax Cuts and Jobs Act: Key Provisions Affecting Businesses

The recently passed tax reform bill, commonly referred to as the “Tax Cuts and Jobs Act” (TCJA), is the most expansive federal tax legislation...

Foreign Currency Exchange is Easier Than Ever

The way in which foreign currencies are exchanged has changed considerably over the course of the last two decades. Back in the mid to...

2017 Year-End Tax Savings Tips Not to Overlook

With the possibility that tax law changes could go into effect next year that would significantly reduce income tax rates for many businesses, 2017...

Payroll and Tax Issues to Be Aware of at Year-End

With an overhaul of the nation’s tax system in full swing, it can be difficult for small businesses to know what to expect when...

Best Tax Tips for Small Business Owners in 2018

Doing your taxes is not something people typically look forward to. In fact, if the word “taxes” is even muttered, you can usually expect...

Most Popular