The Inflation Reduction Act (IRA), enacted in 2022, created several tax credits aimed at promoting clean energy. You may want […]
Get tax breaks for energy-saving purchases this year because they may disappear Read More »
If you own a growing, unincorporated small business, you may be concerned about high self-employment (SE) tax bills. The SE
Self-employment tax: A refresher on how it works Read More »
Employee stock options remain a potentially valuable asset for employees who receive them. For example, many Silicon Valley millionaires got
Unlocking the mystery of taxes on employer-issued nonqualified stock options Read More »
How much can you and your employees contribute to your 401(k)s or other retirement plans next year? In Notice 2024-80,
The amount you and your employees can save for retirement is going up slightly in 2025 Read More »
Hiring household help, whether you employ a nanny, housekeeper or gardener, can significantly ease the burden of childcare and daily
The nanny tax: What household employers need to know Read More »
As a business owner, you may travel to visit customers, attend conferences, check on vendors and for other purposes. Understanding
From flights to meals: A guide to business travel tax deductions Read More »
If you own a small business with no employees (other than your spouse) and want to set up a retirement
How can you build a golden nest egg if you’re self-employed? Read More »
As we approach 2025, changes are coming to the Social Security wage base. The Social Security Administration recently announced that
Employers: In 2025, the Social Security wage base is going up Read More »
The IRS has been increasing its audit efforts, focusing on large businesses and high-income individuals. By 2026, it plans to
How your business can prepare for and respond to an IRS audit Read More »
