Here are some of the key tax deadlines affecting businesses and other employers during the first quarter of 2021.
If you familiarize yourself with common tax scams and understand what the IRS will and won’t do, it’s easy to avoid them.
Because of the restrictions for cars, you might be better off from a tax standpoint if you replace your business car with a heavy SUV.
One way to soften the blow of a capital gains tax bill is to “roll over” the gain into a qualified opportunity fund (QOF).
If you own a business, you may wonder if you’re eligible to take the qualified business income deduction (QBI deduction).
You may benefit from the Section 179 depreciation tax deduction for business property if your business needs to buy equipment and other depreciable property.
Several elections are available to an S corporation or its shareholders that can affect the basis adjustments caused by distributions and other events.