Under current tax law, there are two valuable depreciation-related tax breaks that may help your business reduce its 2019 tax liability.
Business meal and travel expenses are still deductible if they qualify as legitimate business expenses, though the deduction for meal expenses continues to be limited to 50% in …
The money you spend on environmental cleanup can be deductible, but you want to claim the maximum immediate income tax benefits possible for the expenses you incur.
TCJA has placed some limitations on deducting business losses. Here’s a look at the changes in the rules and how they might affect you.
A month after the new year begins, your business may be required to comply with rules to report amounts paid to independent contractors, vendors and others.
The Tax Cuts and Jobs Act (TCJA) introduced a variety of tax benefits for businesses. but it placed limits on several tax breaks, including interest expense deductions.
One of the most laborious tasks for small businesses is managing payroll. But it’s critical that you not only withhold the right amount of taxes from employees’ paychecks but …