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Now that small businesses and their owners have filed their 2017 income tax returns (or filed for an extension), it’s a good time to review some […]

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 […]

If you received a large refund after filing your 2017 income tax return, you’re probably enjoying the influx of cash. But a large refund isn’t all […]

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 […]

Because donations to charity of cash or property generally are tax deductible (if you itemize), it only seems logical that the donation of something even more […]

For small businesses, managing payroll can be one of the most arduous tasks. Adding to the burden earlier this year was adjusting income tax withholding based […]

There was talk of repealing the individual alternative minimum tax (AMT) as part of last year’s tax reform legislation. A repeal wasn’t included in the final […]

In many parts of the country, summer is peak season for selling a home. If you’re planning to put your home on the market soon, you’re […]

Meal, vehicle and travel expenses are common deductions for businesses. But if you don’t properly document these expenses, you could find your deductions denied by the […]