Tax Implications of Environmental Cleanup
If your company faces the need to “remediate” or clean up environmental contamination, the money you spend can be deductible on your tax return as […]
5 Ways to Trim 2019 Taxes
(This is Blog Post #687)
Beneficiary Defective Inheritors Trusts
By temporarily doubling the gift and estate tax exemption, the Tax Cuts and Jobs Act (TCJA) opened a window of opportunity for affluent families to […]
Creepers are a Threat to Your Business
If you devote all your business’s security resources to fending off hackers and other cybercriminals, you may be unlocking the door, literally, to more […]
Using an ABLE Account to Save for a Disabled Family Member
There’s a tax-advantaged way for people to save for the needs of family members with disabilities — without having them lose eligibility for government benefits to which […]
1099-MISC Reporting Requirements for Small Businesses
It’s 2020, and with it your business may be required to comply with rules to report amounts paid to independent contractors, vendors and others. […]
2020 Q1 Tax Calendar for Businesses
Here’s a 2020 Q1 tax calendar with some of the key tax-related deadlines affecting businesses and other employers. Keep in mind that this list isn’t all-inclusive, so […]
Setting Up a Health Savings Account
Given the escalating cost of employee health care benefits, your business may be interested in providing some of these benefits through an employer-sponsored Health Savings Account (HSA). […]
How to Avoid Trust Fund Recovery Penalties
One of the most laborious tasks for small businesses is managing payroll. But it’s critical that you not only withhold the right amount of […]
New Year’s Eve Can Get Expensive
Most Americans spend less than $200 on New Year’s Eve. However, parents of young children usually pay more […]
