
A Closer Look at New York State’s Pass-Through Entity Tax
History of SALT Cap The Tax Cuts and Jobs Act (TCJA) limited the amount of State and Local Tax (SALT) that could be included as…
History of SALT Cap The Tax Cuts and Jobs Act (TCJA) limited the amount of State and Local Tax (SALT) that could be included as…
Tax depreciation rules for business automobiles If you use an automobile in your trade or business, you may wonder how depreciation tax deductions are determined.…
Electric vehicles (EVs) are increasing in popularity all the time — and more of them are qualifying for a federal tax credit. In fact, the…
Every business needs a website, but it’s not always easy to determine which costs of running one are deductible. Fortunately, established rules that generally apply…
Because of the current estate tax exemption amount ($11.7 million in 2021), many estates no longer need to be concerned with federal estate tax. Years…
One of the simplest ways to reduce your income tax bill is to ensure you’re claiming all of the tax deductions available to your small…
A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count as theft? In most cases…
An Overview of Business Valuation How much is your company worth? Certainly, an important question, and unfortunately, it is one that many business owners cannot…
Searching for qualified candidates can prove difficult. Yet, retention of good employees poses a greater challenge. Fortunately, a strong onboarding program for new employees can…
In its 2014 Report to the Nations on Occupational Fraud and Abuse, the Association of Certified Fraud Examiners (ACFE) estimated that a typical organization loses…