Businesses in certain industries employ service workers who receive tips as a large part of their compensation.

Wednesday, February 19, 2025
Businesses in certain industries employ service workers who receive tips as a large part of their compensation.... Read More

Looking ahead to 2025 tax limits as you prepare to file your 2024 return

Tuesday, February 11, 2025
Chances are, you’re more concerned about your 2024 tax return right now than you are about your 2025 tax situation. ... Read More

Many business tax limits have increased in 2025

Wednesday, February 05, 2025
A variety of tax-related limits that affect businesses are indexed annually based on inflation. Many have increased for 2025, but with inflation cooling, the increases aren’t as great as they have been in the last few years.... Read More

How inflation will affect your 2024 and 2025 tax bills

Wednesday, December 18, 2024
Inflation can have a significant impact on federal tax breaks.... Read More

When can you deduct business meals and entertainment?

Wednesday, December 04, 2024
You’re not alone if you’re confused about the federal tax treatment of business-related meal and entertainment expenses. ... Read More

Maximize your year-end giving with gifts that offer tax benefits

Wednesday, November 06, 2024
As the end of the year approaches, many people start to think about their finances and tax strategies. ... Read More

How can you build a golden nest egg if you’re self-employed?

Wednesday, October 30, 2024
If you own a small business with no employees (other than your spouse) and want to set up a retirement plan, consider a solo 401(k) plan.... Read More

Employers: In 2025, the Social Security wage base is going up

Wednesday, October 23, 2024
As we approach 2025, changes are coming to the Social Security wage base.... Read More

How your business can prepare for and respond to an IRS audit

Wednesday, October 16, 2024
The IRS has been increasing its audit efforts, focusing on large businesses and high-income individuals.... Read More

Unlock your child’s potential by investing in a 529 plan

Wednesday, October 09, 2024
If you have a child or grandchild planning to attend college, you’ve probably heard about qualified tuition programs, also known as 529 plans.... Read More