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New 2022 Per Diem Rates Became Effective on October 1

A new 2022 per diem rate became effective October 1. Taxpayers can use these rates to substantiate expenses when traveling away from home.

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2021 Q4 Tax Deadlines: Key Deadlines for Businesses and Other Employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2021.

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Tax Breaks for Small Businesses: 5 Ways to Maximize Tax Savings

Whatever your business’s situation, taking full advantage of available tax breaks for small businesses — including temporary relief in response to the crisis — is critical.

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Selling a Business? Be Careful When Reporting to the IRS

If you’re considering buying or selling a business — or you’re in the process of an M&A transaction — it’s important that both parties report it to the IRS and state …

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The Value of a Small Business Valuation for your Business

If you own a business, it’s likely your most valuable asset. So it’s important to know its value. Find out with a small business valuation.

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Tax Depreciation Rules for Business Vehicles

If you use a vehicle in your business, you may wonder about the tax depreciation rules. The rules are complicated, and special limitations apply.

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5 Critical Issues for Your Nonprofit’s Finance Committee

The role of a nonprofit’s finance committee is probably more important now than ever Here are some of the areas your finance committee should focus on.

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National Small Business Week: 3 Tax Breaks for Small Businesses

This week is National Small Business Week! To commemorate the week, here are three tax breaks for small businesses to consider.

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Claiming a Theft Loss Deduction for Embezzlement

A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count as theft? Find out in this post.

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Am I Eligible for the ERC?

The ERC has been expanded and increased, but it’s also not too late for employers who are eligible for the ERC to amend their 2020 employment tax returns.

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