Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The average nationwide…

estate tax planning

As a result of the current estate tax exemption amount ($12.06 million in 2022), many people no longer need to be concerned…

dividends-received deduction

There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed to reduce or…

social security tax update

Some people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal government on the amounts…

research tax credit for businesses

Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject to limits,…

calculating corporate estimated tax

The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to review the rules…