Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It…
With Labor Day in the rearview mirror, it’s time to take proactive steps that may help lower your small business’s…
Get ready: The upcoming presidential and congressional elections may significantly alter the tax landscape for businesses in the United States….
The IRS recently released guidance providing the 2025 inflation-adjusted amounts for Health Savings Accounts (HSAs). These amounts are adjusted each…
There are several financial and legal implications when adding a new partner to a partnership. Here’s an example to illustrate:…
It’s not unusual for a partner to incur expenses related to the partnership’s business. This is especially likely to occur…
Businesses usually want to delay recognition of taxable income into future years and accelerate deductions into the current year. But…
In the ever-evolving landscape of tax regulations, businesses continuously seek strategies to optimize their financial operations and reduce tax liabilities….
Gift Tax Compliance in 2023: What You Need to Know As the calendar pages turn, it’s crucial to remember not…
The qualified business income (QBI) deduction is available to eligible businesses through 2025. After that, it’s scheduled to disappear. So…