Why business owners should regularly upgrade their accounting software
Many business owners buy accounting software and, even if the installation goes well, eventually grow frustrated when they don’t get
Does your business have too much cash?
From the time a business opens its doors, the owner is told “cash is king.” It may seem to follow
Saving tax with home-related deductions and exclusions
Currently, home ownership comes with many tax-saving opportunities. Consider both deductions and exclusions when you’re filing your 2016 return and
Donating a vehicle might not provide the tax deduction you expect
All charitable donations aren’t created equal — some provide larger deductions than others. And it isn’t necessarily just how much
Individual tax calendar: Key deadlines for the remainder of 2017
While April 15 (April 18 this year) is the main tax deadline on most individual taxpayers’ minds, there are others
Own a vacation home? Adjusting rental vs. personal use might save taxes
Now that we’ve hit midsummer, if you own a vacation home that you both rent out and use personally, it’s
How entity type affects tax planning for owner-employees
Come tax time, owner-employees face a variety of distinctive tax planning challenges, depending on whether their business is structured as
Filing deadline rapidly approaching for flow-through entities
The federal income tax filing deadline for calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or
Hire your children to save taxes for your business and your family
It can be difficult in the current job market for students and recent graduates to find summer or full-time jobs.
Dot the “i’s” and cross the “t’s” on loans between your business and its owners
It’s common for closely held businesses to transfer money into and out of the company, often in the form of
All fringe benefits aren’t created equal for tax purposes
According to IRS Publication 5137, Fringe Benefit Guide, a fringe benefit is “a form of pay (including property, services, cash
3 midyear tax planning strategies for business
Tax reform has been a major topic of discussion in Washington, but it’s still unclear exactly what such legislation will