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October 18, 2022

Plan now to make tax-smart year-end gifts to loved ones

Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or other recipients each year through the […]
October 17, 2022

Providing fringe benefits to employees with no tax strings attached

Businesses can provide benefits to employees that don’t cost them much or anything at all. However, in some cases, employees may have to pay tax on […]
October 10, 2022
Young woman professional woman driving a car to work

What local transportation costs can your business deduct?

You and your small business are likely to incur a variety of local transportation costs each year. There are various tax implications for these expenses. First, […]
October 3, 2022

Worried about an IRS audit? Prepare in advance

Worried about an IRS audit? Prepare in advance IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report, but that’s little consolation […]
September 19, 2022

2022 Q4 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep in mind that this list isn’t […]