As reported via IR-2023-193 on 10/19/2023

Special initiative aimed at helping businesses concerned about an ineligible claim amid aggressive marketing, scams

Is your business depreciating over 30 years the entire cost of constructing the building that houses your enterprise? If so, you should consider […]

If you’re planning to start a business or thinking about changing your business entity, you need to determine what will work best for you. Should you operate […]

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $168,600 for 2024 (up from $160,200 for 2023). Wages […]

Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules […]

Ever wonder how IRS examiners know about different industries so they can audit various businesses? They generally do research about specific industries and issues on tax returns […]

If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed. For […]

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2023. Keep in mind that this list isn’t all-inclusive, […]

In recent years, merger and acquisition activity has been strong in many industries. If your business is considering merging with or acquiring another […]

Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.