Just before midnight on December 21, 2020, the Senate passed the Consolidated Appropriations Act of 2021 and sent it to President Trump for signature on December 22.
If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments.
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2021.
With a difficult year almost over, and another one on the horizon, now may be a good time to assess the size of your sales force.
You may be able to deduct some of your medical expenses, including prescription drugs, on your federal tax return.
Are you considering replacing a car that you’re using in your business? There are several tax implications to keep in mind.
by Matthew R. Baker, CPA, Partner
It’s almost time for calendar-year businesses to prepare their year-end financial statements. If used correctly, these reports can be a valuable management tool.
Holiday-inspired generosity and the desire to reduce tax liability makes the end of the year a busy time for charitable giving.
The COVID-19 pandemic and resulting economic impact have hurt many companies, especially small businesses.
by Andrew Stear, CPA, Manager
Now, as year-end approaches, is a good time to think about planning moves that may help lower your tax bill for this year and possibly next.
As your company plans for the coming year, management should assess your strengths, weaknesses, opportunities and threats.
The videos below are from the 2020 Year-End Webinar held on December 3, 2020 covering the following topics: Individual Tax Update, Business Tax Update, PPP Loan Financ
It’s been a tough year for not-for-profits. Many have experienced an increased demand for services just as revenues have plummeted.
It’s been estimated that there are roughly 5 million family-owned businesses in the United States.