What type of expenses can’t be written off by your business?
If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to f...
Employee vs. independent contractor: How should you handle worker classification?
Many employers prefer to classify workers as independent contractors to lower costs, even if it mean...
How entrepreneurs must treat expenses on their tax returns
Have you recently started a new business? Or are you contemplating starting one? Launching a new ven...
Deducting business meal expenses under today’s tax rules
In the course of operating your business, you probably spend time and money “wining and dining” ...
2019 Q2 tax calendar: Key deadlines for businesses and other employers
Here are some of the key tax-related deadlines that apply to businesses and other employers during t...
There’s still time for small business owners to set up a SEP retirement plan for last year
If you own a business and don’t have a tax-advantaged retirement plan, it’s not too late to esta...
Beware the Ides of March — if you own a pass-through entity
Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partners...
The home office deduction: Actual expenses vs. the simplified method
If you run your business from your home or perform certain functions at home that are related to you...
Depreciation-related breaks on business real estate: What you need to know when you file your 2018 return
Revised Commercial buildings and improvements generally are depreciated over 39 years, which essenti...
Many tax-related limits affecting businesses increase for 2019
A variety of tax-related limits affecting businesses are annually indexed for inflation, and many ha...