If you operate a business, or you’re starting a new one, you know you need to keep records of your income and expenses. Specifically, […]

Typically, businesses want to delay recognition of taxable income into future years and accelerate deductions into the current year. But when is it prudent to do the […]

If your business doesn’t already have a retirement plan, now might be a good time to take the plunge. Current retirement plan rules allow for significant tax-deductible […]

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2022. Keep in mind that this list isn’t all-inclusive, […]

In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for goods and services instead of paying cash […]

The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break available to eligible businesses. Claiming the […]

You may have wondered why, in a given year, you may be taxed on more S corporation income than was distributed to you from the S corporation in which […]

If you own your own company and travel for business, you may wonder whether you can deduct the costs of having your spouse accompany […]

Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as […]