Taking Advantage of the Rehabilitation Tax Credit When Altering or Adding to Business Space

If your business occupies substantial space and needs to increase or move from that space in the future, you should keep the rehabilitation tax credit in mind. […]

By |2023-05-05T06:22:02-07:00May 5th, 2023|Small Business Tax Briefs|Comments Off on Taking Advantage of the Rehabilitation Tax Credit When Altering or Adding to Business Space

Changes in Sec. 174 Make it a Good Time to Review the R&E Strategy of Your Business

It’s been years since the Tax Cuts and Jobs Act (TCJA) of 2017 was signed into law, but it’s still having an impact. Several provisions in the […]

By |2023-04-24T11:40:58-07:00April 24th, 2023|Small Business Tax Briefs|Comments Off on Changes in Sec. 174 Make it a Good Time to Review the R&E Strategy of Your Business

Protect the “Ordinary and Necessary” Advertising Expenses of Your Business

Under tax law, businesses can generally deduct advertising and marketing expenses that help keep existing customers and bring in new ones. This valuable tax deduction can help […]

By |2023-04-04T08:23:34-07:00April 4th, 2023|Small Business Tax Briefs|Comments Off on Protect the “Ordinary and Necessary” Advertising Expenses of Your Business

Do You Run a Business from Home? You May be Able to Deduct Home Office Expenses

Many people began working from home during the COVID-19 pandemic — and many still work from their home offices either all the time or on a hybrid […]

By |2023-02-26T17:25:55-07:00February 26th, 2023|Small Business Tax Briefs|Comments Off on Do You Run a Business from Home? You May be Able to Deduct Home Office Expenses

May 15 Tax Deadline Extended to October 16 for California Disaster Area Taxpayers

As reported in IR-2023-33 on 2/24/2023

Disaster-area taxpayers in most of California now have until October 16, 2023, to file various federal individual and […]

By |2023-02-26T15:12:33-07:00February 26th, 2023|Individual Tax Briefs, Small Business Tax Briefs|Comments Off on May 15 Tax Deadline Extended to October 16 for California Disaster Area Taxpayers
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