Nexus studies are performed by CPAs well-versed in multistate taxation to help determine what a business’s tax exposure truly is.
If you recently launched a business, you may want to set up a tax-favored retirement plan for yourself and your employees.
Congress finally passed legislation that corrects a drafting error related to real estate qualified improvement property and first-year bonus depreciation.
If your small business is planning for payroll next year, be aware that the “Social Security wage base” is increasing.
The CARES Act eases the rules for claiming certain tax losses and liberalizes rules for NOL carryforwards. Here’s a look at the modifications.
If your ventures are passive activities, the passive activity loss rules prevent you from deducting expenses that are generated by them in excess of their income.
The CARES Act temporarily relaxes the limitation on deductions for business interest expense. Here’s the story.
IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.
More states are modifying their nexus doctrines to embrace the concept of economic presence for both sales and income taxes.