volunteering tax deductions

If you’re a volunteer who works for charity, you may be entitled to some tax breaks…

mergers and acquisitions

If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition — it’s important that both…

taxes on bartered services

Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your business engages in bartering,…

summer day camp tax break

Now that most schools are out for the summer, you might be sending your children to…

The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a flat 21% federal income…

HSAs explained

To help defray health care costs, many people now contribute to, or are thinking about setting…

q3 tax calendar

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2019. Keep in mind that this…

retirement state tax implications

When you retire, you may consider moving to another state — say, for the weather or to be closer to your loved ones. Don’t…

employer tax penalty

If federal income tax and employment taxes (including Social Security) are withheld from employees’ paychecks and not handed over to the IRS, a harsh…

IRS Audit Statistics FY 2018

The IRS just released its audit statistics for the 2018 fiscal year, and fewer taxpayers had…