Tax laws are changing, and your bottom line could take a hit. With key provisions from the Tax Cuts and Jobs Act (TCJA) of 2017 set to expire, business owners
Tax season doesn’t have to be a nightmare. Procrastination only makes it worse, and filing late could cost you in more ways than one. Filing early isn’t just about crossing
As remote and hybrid work models reshape the business world, many companies are scaling back on office space. While downsizing can save money, it also comes with financial and tax
Every year, business owners and self-employed professionals find themselves in the same situation—scrambling to pull together tax documents at the last minute. It’s a stressful cycle that can lead to
Disasters can strike at any time, leaving individuals and businesses scrambling to recover. When a federally declared disaster occurs, the IRS provides tax relief, giving affected taxpayers extra time to
In a move that benefits business owners involved in research and development (R&D) activities, the IRS has extended the transition period for revising claims for the R&D tax credit. This
Members of the U.S. Armed Forces and veterans often have unique tax situations and needs. Recognizing the sacrifices they make, the IRS provides specific tax benefits to ease their tax
Cryptocurrency investors, businesses, and brokers are about to face a major shift in tax reporting. Starting January 1, 2025, the IRS will require brokers and other intermediaries to issue the
The Inflation Reduction Act of 2022 brought substantial enhancements to energy tax credits, creating opportunities for business owners to save on taxes while making energy-efficient investments. Understanding these incentives and
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