Business Tax Stories
If you have not filed a return, filing a past due return may not be as difficult as you think.
Taxpayers should file all tax returns that are due, regardless of whether full payment can be made with the Continue reading If You Have Not Filed a Return
A Roth IRA is an individual retirement plan that with certain exceptions, is similar to a traditional IRA and subject to the rules that apply to a Continue reading The Basics about the Roth IRA
The Affordable Care Act requires applicable large employers (ALEs) to file information reporting returns with the IRS and employees. ALEs are generally those employers with 50 or more Continue reading Obamacare Tax Reporting Requirements
The safe harbor threshold for small businesses deducting certain capital items has increased from $500 to $2,500. This needs to be understood and incorporated into any strategy used for structuring how to deduct tangible property Continue reading How to Deduct Tangible Property
If you hire someone for a long-term, full-time project or a series of projects that are likely to last for an extended period, you must pay special attention to the difference between an Continue reading Employee or Independent Contractor?
Whether you file as a corporation or sole proprietor here’s our 2015 Business Tax Review containing what business owners need to know about tax changes for 2015.
Continue reading 2015 Business Tax Review
The healthcare law (the ACA or the Affordable Care Act or Obamacare) contains tax provisions that affect employers. The size and structure of a workforce–small or large–helps Continue reading Obamacare Employer Requirements
While the fate of several business-related tax extenders such as Research & Development tax credits, bonus depreciation, and Section 179 expensing that expired at the end of Continue reading Year-End Tax Planning for Business
Generally, debt that is forgiven or canceled by a lender is considered taxable income by the IRS and must be included as income on your tax return. Examples include a debt for which you are Continue reading Is Canceled Debt Taxable?
When you start a business, a key to your success is to know your tax obligations. You may not only need to know about income tax rules but also about payroll tax rules. Here are 5 tax Continue reading 5 Tax Tips for Starting a Business
