One of the biggest concerns for family business owners is succession planning — transferring ownership and control of the company to the next generation. Often, the […]
IRS examiners use Audit Techniques Guides (ATGs) to prepare for audits — and so can small business owners. Many ATGs target specific industries, such as construction. […]
You’ve probably heard about the recent U.S. Supreme Court decision allowing state and local governments to impose sales taxes on more out-of-state online sales. The ruling […]
The Tax Cuts and Jobs Act (TCJA) liberalized the eligibility rules for using the cash method of accounting, making this method — which is simpler than […]
These days, most businesses need a website to remain competitive. It’s an easy decision to set one up and maintain it. But determining the proper tax […]
If your company faces the need to “remediate” or clean up environmental contamination, the money you spend can be deductible on your tax return as ordinary […]