Are you thinking about selling stock shares at a loss to offset gains that you’ve realized during 2020?
As we approach the end of the year, it’s a good time to think about whether your business needs to buy business equipment and other depreciable property.
The year 2020 has taught businesses many lessons.
In 1993, a consortium of philanthropic organizations came up with the Donor Bill of Rights to guide not-for-profits in their interactions with financial supporters.
S corporations can provide tax advantages over C corporations in the right circumstances.
Many employees take advantage of the opportunity to save taxes by placing funds in their employer’s health or dependent care flexible spending arrangements (FSAs).
As year end approaches, it’s a good idea for calendar-year entities to review the guidelines for recognizing revenue and expenses.
Does anyone actually read footnotes?
By now, some businesses have completed their 2021 budgets while others are still crunching numbers and scrutinizing line items.
Although planning is needed to help build the biggest possible nest egg in your traditional IRA (including a SEP-IRA and SIMPLE-IRA), it’s even more critical that you
Small business owners are well aware of the increasing cost of employee health care benefits.
The demand for qualified accounting and finance personnel has grown, as business owners struggle to manage unpredictable cash flows, increased costs, and new governmen
Online retail sales have been booming during the COVID-19 pandemic.
Many people have Series EE savings bonds that were purchased many years ago.
Owners of closely held corporations are often interested in easily withdrawing money from their businesses at the lowest possible tax cost.
A warning if your not-for-profit organization is looking for expenses to cut: Don’t skimp on insurance.
Every business owner is aware of the threat posed by cybercriminals.
The coming audit season might be much different than seasons of yore.
Unfortunately, the COVID-19 pandemic has forced many businesses to shut down.
Many Americans receive disability income. You may wonder if — and how — it’s taxed. As is often the case with tax questions, the answer is … it depends.