5.17.21
An S Corporation Could Cut Your Self-Employment Tax
If your business is organized as a sole proprietorship or as a wholly owned limited liability company (LLC), you’re subject to both income tax and…
5.3.21
Avoid Buying Unreliable — Or Fraudulent — Insurance Coverage
Bad faith denials of claims by insurers are illegal, but some dishonest companies or agents attempt them anyway. It’s possible that just when you have…
5.3.21
Providing Education Assistance to Employees? Follow These Rules
Many businesses provide education fringe benefits so their employees can improve their skills and gain additional knowledge. An employee can receive, on a tax-free basis,…
4.30.21
Claiming the Business Energy Credit for Using Alternative Energy
Are you wondering whether alternative energy technologies can help you manage energy costs in your business? If so, there’s a valuable federal income tax benefit…
4.29.21
President Biden Details His Tax Proposals for Individuals
President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact sheet released by the White…
3.30.21
PPP Application Deadline Extended
President Biden has signed the PPP Extension Act of 2021. The new law extends the Paycheck Protection Program (PPP) application filing deadline from March 31,…
3.29.21
R&D Tax Credits: A Viable Opportunity That Many Contractors Overlook
As many businesses continue struggling to maintain operations, meet financial obligations, and ensure adequate cash flow during the coronavirus pandemic, it is important to know…
3.27.21
Now May Be a Good Time to Re-Evaluate Employee Benefits
In difficult economic times, cost-cutting becomes a necessity — and employee benefits are an easy target. Yet one of the lessons of the COVID-19 pandemic…
3.26.21
Can Digital Construction Technology Help the Industry Survive the Pandemic?
Construction companies may be on the brink of a digital revolution, thanks in part to the coronavirus pandemic. The construction industry has been slower than…
3.24.21
Home’s Where A Tax Break Might Be
If you own a home, the interest you pay on your home mortgage may provide a tax break in the form of the mortgage interest…