If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes…
Are you considering replacing a car that you’re using in your business? There are several tax implications to keep in…
As we approach the end of the year, it’s a good time to think about whether your business needs to…
Are you wondering if the passive activity loss rules affect business ventures you’re engaged in — or might engage in?…
Do you buy or lease computer software to use in your business? Do you develop computer software for use in…
In Notice 2020-71, the IRS recently announced per diem rates that can be used to substantiate the amount of…
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2020….
Under current law, 100% bonus depreciation will be phased out in steps for property placed in service in calendar…
Does your business receive large amounts of cash or cash equivalents? You may be required to submit forms to the…
If you’re a partner in a business, you may have come across a situation that gave you pause. In…