Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject to limits, you can elect to apply […]

On 6/1/22, the IRS made available an update to the “Cost Segregation Audit Techniques Guide” (

Are you a partner in a business? You may have come across a situation that’s puzzling. In a given year, you may be taxed […]

Businesses should be aware that they may be responsible for issuing more information reporting forms for 2022 because more workers may fall into the […]

The IRS recently released guidance providing the 2023 inflation-adjusted amounts for Health Savings Accounts (HSAs). High inflation rates will result in next year’s amounts […]

The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to review the rules for computing corporate federal estimated […]

The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that doesn’t match the agency’s records.

What are the tax consequences of selling property used in your trade or business?

Adding a new partner in a partnership has several financial and legal implications. Let’s say you and your partners are planning to admit a […]

Operating as an S corporation may help reduce federal employment taxes for small businesses in the right circumstances. Although S corporations may provide tax […]