small business tax
Traveling for Business Again? What Can You Deduct?
As we continue to come out of the COVID-19 pandemic, you may be [...]
Help Ensure the IRS Doesn’t Reclassify Independent Contractors as Employees
Many businesses use independent contractors to help keep their costs down. If you’re [...]
An S Corporation Could Cut Your Self-Employment Tax
If your business is organized as a sole proprietorship or as a wholly [...]
The IRS Has Announced 2022 Amounts for Health Savings Accounts
The IRS recently released guidance providing the 2022 inflation-adjusted amounts for Health Savings [...]
Launching a Small Business? Here are Some Tax Considerations
While many businesses have been forced to close due to the COVID-19 pandemic, [...]
Business Highlights in the New American Rescue Plan Act
President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March [...]
The New Form 1099-NEC and the Revised 1099-MISC are Due to Recipients Soon
There’s a new IRS form for business taxpayers that pay or receive certain [...]
PPP Loans Have Reopened: Let’s Review the Tax Consequences
The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened [...]
The Importance of S Corporation Basis and Distribution Elections
S corporations can provide tax advantages over C corporations in the right circumstances. [...]
New Business? It’s a Good Time to Start a Retirement Plan
If you recently launched a business, you may want to set up a [...]