As a business owner, managing travel expenses for yourself and your employees can be a tedious task. Fortunately, the IRS offers a streamlined way to handle this through the per
If you’re paying alimony as part of a divorce or separation, it’s important to understand the tax rules that govern these payments, especially after recent changes in tax law. Business
As Donald Trump prepares to return to the White House, his administration’s tax policy direction is a topic of keen interest for business owners. With the Senate under Republican control
As we approach 2024, understanding the gift tax rules is essential for business owners who are planning to make gifts to employees, family members, or even charitable organizations. The IRS
As a business owner, it’s essential to understand the requirements surrounding Form 1099-MISC and Form 1099-NEC reporting. These forms are critical in ensuring compliance with IRS regulations when it comes
As a business owner, it’s essential to understand the tax implications of providing fringe benefits to your employees. Fringe benefits encompass a wide variety of perks offered in addition to
The October 15th deadline for tax extension filers is approaching quickly, and now is the time for business owners and individual taxpayers to gather all necessary tax documents. Filing your
The IRS has recently rolled out several updates that are critical for business owners to understand, especially with regard to the Employee Retention Credit (ERC), the Corporate Alternative Minimum Tax
Hiring household employees such as nannies, housekeepers, or caregivers can significantly ease personal and family responsibilities, but it also brings tax obligations that business owners need to understand. Just like
Every business owner understands the importance of having the right insurance coverage. From fire and flood damage to business interruption policies, ensuring your business is protected in the event of