This week is National Small Business Week! To commemorate the week, here are three tax breaks for small businesses to consider.
Posts
September 14, 2021
National Small Business Week: 3 Tax Breaks for Small Businesses
Posts
September 9, 2021
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.
Posts
September 7, 2021
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.
Posts
September 2, 2021
Why an Outsourced CFO may be What Your Business Needs to Grow
Working with an outsourced CFO has many benefits like lower operating costs, increased efficiency and reduced risk. Learn more in this article.
Posts
August 31, 2021
Make sure your Business is in Compliance with Tax Laws by Using ATGs
The IRS uses ATGs to help IRS examiners get ready for audits. Your business can use the same guides to gain insight into compliance with tax laws.
Posts
August 26, 2021
Tips to Prevent Fraud in the Workplace
To effectively combat fraud, you must understand what factors are conducive to fraud in the workplace. Here are some tips.
Posts
August 24, 2021
Biden’s Tax Proposals may Cause Increase in Audits
Biden’s tax proposals include an additional $80 billion in funding for the IRS. Some experts believe that audits of some small businesses will also increase.
Posts
August 17, 2021
The Basics of Bad Debt Deduction
Before agreeing to act as a guarantor of a debt obligation of your closely held corporation, be aware of the tax consequences of bad debt deduction.
Posts
August 12, 2021
What you Need to Know About Virtual Currency Tax Reporting
It’s essential to understand the tax implications of virtual currency because the IRS is starting to crack down on virtual currency tax reporting.
Posts
August 10, 2021
The Basics of Operating as an LLC
Perhaps you operate your small business as a sole proprietorship and want to form an LLC to protect your assets. Here are the basics of operating as an LLC.