Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind this list isn’t all-inclusive, so there
Working from home has become increasingly common. The U.S. Bureau of Labor Statistics (BLS) reports that about one out of five workers conduct business from home for pay.
When drafting partnership and LLC operating agreements, various tax issues must be addressed. This is also true of multi-member LLCs treated as partnerships for tax purposes. Here are
Electric vehicles (EVs) have become increasingly popular. According to Kelley Blue Book estimates, the EV share of the vehicle market in the U.S. was 7.6% in 2023, up
With Labor Day behind us, it’s time to take proactive steps to try and lower your small business’s taxes for this year and next. The strategy of deferring
Choosing the right business entity is a key decision for any business. The entity you pick can affect your tax bill, your personal liability, and other issues. For
Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best opportunities for you to put money in your pocket
Having a high income may mean you owe two extra taxes: the 3.8% Net Investment Income Tax (NIIT) and a 0.9% additional Medicare tax on wage and self-employment
Partnerships are often used for business and investment activities. So are multi-member LLCs treated as partnerships for tax purposes. A major reason is because these entities offer federal
Many employees began working remotely during the pandemic and continue doing so today. Remote work has many advantages for employers and employees, and as a result, it’s here
Your businesses may have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides significant tax benefits for those
Navigating the complexities of tax law can be difficult, especially when faced with an unexpected tax bill due to the errors of a spouse or ex-spouse. The reason
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