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Business Tax Issues
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Business Tax Issues
COVID-19
Individual Tax Issues
Insights
Texas Tax Issues
How will revised tax limits affect your 2022 taxes?
January 18, 2022
Businesses with employees who receive tips may be eligible for a tax credit
January 11, 2022
Are you eligible for a medical expense tax deduction?
January 7, 2022
Defer tax with a like-kind exchange
January 4, 2022
Gig workers should understand their tax obligations
December 30, 2021
Will the standard business mileage rate go up in 2022? Yes!
December 28, 2021
There’s a deduction for student loan interest … but do you qualify for it?
December 22, 2021
Could an FLP fit into your succession plan?
December 17, 2021
Providing a company car? Here’s how taxes are handled
December 14, 2021
How are court awards and out-of-court settlements taxed?
December 8, 2021
With year-end approaching, 3 ideas that may help cut your tax bill
December 7, 2021
Small businesses: There still may be time to cut your 2021 taxes
December 6, 2021
New digital asset reporting requirements will be imposed in coming years
November 30, 2021
Infrastructure law sunsets Employee Retention Credit early
November 23, 2021
Remember to use up your flexible spending account money
November 18, 2021
Businesses can show appreciation — and gain tax breaks — with holiday gifts and parties
November 16, 2021
Many factors are involved when choosing a business entity
November 9, 2021
Factor in taxes if you’re relocating to another state in retirement
November 3, 2021
Employers: The Social Security wage base is increasing in 2022
November 2, 2021
Thinking about participating in your employer’s 401(k) plan? Here’s how it works
October 29, 2021
Engaging in customer-focused strategic planning
October 25, 2021
You may owe “nanny tax” even if you don’t have a nanny
October 22, 2021
4 ways to refine your cash flow forecasting
October 20, 2021
Vacation home: How is your tax bill affected if you rent it out?
October 18, 2021
New per diem business travel rates became effective on October 1
October 15, 2021
Is your business tracking website metrics?
October 14, 2021
Navigating the tax landscape when donating works of art to charity
October 11, 2021
The tax score of winning
October 7, 2021
Is a Health Savings Account right for you?
October 5, 2021
EIDL program retooled for still-struggling small businesses
September 23, 2021
Tax depreciation rules for business automobiles
September 20, 2021
Planning for year-end gifts with the gift tax annual exclusion
September 17, 2021
Selling a home: Will you owe tax on the profit?
September 15, 2021
Claiming a theft loss deduction if your business is the victim of embezzlement
September 14, 2021
Think like a lender before applying for a business loan
September 13, 2021
5 questions to ask about your marketing efforts
September 9, 2021
Want to find out what IRS auditors know about your business industry?
September 8, 2021
You can only claim a casualty loss tax deduction in certain situations
September 7, 2021
Expanding succession planning beyond ownership
August 31, 2021
Getting a divorce? Be aware of tax implications if you own a business
August 26, 2021
Does your employer provide life insurance? Here are the tax consequences
August 24, 2021
ABLE accounts may help disabled or blind family members
August 20, 2021
Possible tax consequences of guaranteeing a loan to your corporation
August 17, 2021
Scholarships are usually tax free but they may result in taxable income
August 11, 2021
Large cash transactions with your business must be reported to the IRS
August 9, 2021
5 possible tax aspects of a parent moving into a nursing home
August 3, 2021
You may have loads of student debt, but it may be hard to deduct the interest
July 27, 2021
There’s currently a “stepped-up basis” if you inherit property — but will it last?
July 21, 2021
Getting a new business off the ground: How start-up expenses are handled on your tax return
July 19, 2021
5 ways to take action on accounts receivable
July 14, 2021
Are you a nonworking spouse? You may still be able to contribute to an IRA
July 12, 2021
10 facts about the pass-through deduction for qualified business income
July 9, 2021
IRS audits may be increasing, so be prepared
July 6, 2021
Eligible Businesses: Claim the Employee Retention Tax Credit
July 2, 2021
Tax-favored ways to build up a college fund
June 28, 2021
Traveling for business again? What can you deduct?
June 23, 2021
The long and short of succession planning
June 17, 2021
Retiring soon? 4 tax issues you may face
June 16, 2021
Hiring your minor children this summer? Reap tax and nontax benefits
June 11, 2021
Plan ahead for the 3.8% Net Investment Income Tax
June 7, 2021
Many parents will receive advance tax credit payments beginning July 15
June 2, 2021
Help ensure the IRS doesn’t reclassify independent contractors as employees
May 11, 2021
The Restaurant Revitalization Fund is now live
May 6, 2021
Providing education assistance to employees? Follow these rules
May 3, 2021
Unemployed last year? Buying health insurance this year? You may benefit from favorable new changes
April 22, 2021
Home sales: How to determine your “basis”
April 16, 2021
Simple retirement savings options for your small business
April 12, 2021
Who qualifies for “head of household” tax filing status?
April 6, 2021
Need a new business vehicle? Consider a heavy SUV
March 30, 2021
New law tax break may make child care less expensive
March 24, 2021
Is an S corporation the best choice of entity for your business?
March 22, 2021
New COVID-19 relief law extends employee retention credit
March 19, 2021
Business highlights in the new American Rescue Plan Act
March 17, 2021
Launching a small business? Here are some tax considerations
March 15, 2021
Retiring soon? Recent law changes may have an impact on your retirement savings
March 12, 2021
PPP adjusted to prioritize very small businesses
March 9, 2021
Work Opportunity Tax Credit extended through 2025
March 4, 2021
Didn’t contribute to an IRA last year? There still may be time
March 2, 2021
Did you make donations in 2020? There’s still time to get substantiation
February 19, 2021
Building customers’ trust in your website
February 18, 2021
What are the tax implications of buying or selling a business?
February 17, 2021
The power of the tax credit for buying an electric vehicle
February 11, 2021
Many tax amounts affecting businesses have increased for 2021
February 9, 2021
The cents-per-mile rate for business miles decreases again for 2021
February 2, 2021
Don’t forget to take required minimum distributions this year
January 27, 2021
The new Form 1099-NEC and the revised 1099-MISC are due to recipients soon
January 25, 2021
PPP loans have reopened: Let’s review the tax consequences
January 20, 2021
Can your business benefit from the enhanced Employee Retention Tax Credit?
January 13, 2021
Educate yourself about the revised tax benefits for higher education
January 12, 2021
Can you qualify for a medical expense tax deduction?
January 11, 2021
Need another PPP loan for your small business? Here are the new rules
January 7, 2021
The COVID-19 relief law: What’s in it for you?
January 6, 2021
New law doubles business meal deductions and makes favorable PPP loan changes
January 5, 2021
The next estimated tax deadline is January 15 if you have to make a payment
January 1, 2021
2021 Q1 tax calendar: Key deadlines for businesses and other employers
December 30, 2020
The right entity choice: Should you convert from a C to an S corporation?
December 29, 2020
Drive more savings to your business with the heavy SUV tax break
December 24, 2020
Maximize your 401(k) plan to save for retirement
December 21, 2020
Family business owners must weave together succession and estate planning
December 17, 2020
Steer clear of the wash sale rule if you’re selling stock by year end
December 16, 2020
Small businesses: Cash in on depreciation tax savers
December 15, 2020
Employees: Don’t forget about your FSA funds
December 10, 2020
The importance of S corporation basis and distribution elections
December 8, 2020
Taking distributions from a traditional IRA
November 24, 2020
Health Savings Accounts for your small business
November 20, 2020
How Series EE savings bonds are taxed
November 12, 2020
Disability income: How is it taxed?
November 6, 2020
Tax responsibilities if your business is closing amid the pandemic
November 2, 2020
Now more than ever, carefully track payroll records
October 29, 2020
Divorcing couples should understand these 4 tax issues
October 28, 2020
New business? It’s a good time to start a retirement plan
October 27, 2020
Buying and selling mutual fund shares: Avoid these tax pitfalls
October 23, 2020
The 2021 “Social Security wage base” is increasing
October 20, 2020
What tax records can you throw away?
October 14, 2020
Understanding the passive activity loss rules
October 12, 2020
There may be relief from tax liability for “innocent spouses”
October 7, 2020
The easiest way to survive an IRS audit is to get ready in advance
October 6, 2020
Why it’s important to plan for income taxes as part of your estate plan
September 29, 2020
The tax rules for deducting the computer software costs of your business
September 28, 2020
IRS announces per diem rates for business travel
September 24, 2020
Can investors who manage their own portfolios deduct related expenses?
September 22, 2020
Business website costs: How to handle them for tax purposes
September 21, 2020
Tax implications of collecting unemployment
September 16, 2020
Tax implications of working from home
September 15, 2020
Employers have questions and concerns about deferring employees’ Social Security taxes
September 9, 2020
Homebuyers: Can you deduct seller-paid points?
September 8, 2020
Back-to-school tax breaks on the books
September 2, 2020
5 key points about bonus depreciation
September 1, 2020
Helping employees understand their health care accounts
August 27, 2020
Will You Have to Pay Tax on Your Social Security Benefits?
August 26, 2020
CARES Act made changes to excess business losses
August 25, 2020
What happens if an individual can’t pay taxes
August 19, 2020
The President’s action to defer payroll taxes: What does it mean for your business?
August 18, 2020
More parents may owe “nanny tax” this year, due to COVID-19
August 11, 2020
The possible tax consequences of PPP loans
August 10, 2020
The tax implications of employer-provided life insurance
August 4, 2020
File cash transaction reports for your business — on paper or electronically
August 3, 2020
Why do partners sometimes report more income on tax returns than they receive in cash?
July 29, 2020
Are scholarships tax-free or taxable?
July 28, 2020
Reopening concepts: What business owners should consider
July 24, 2020
Take advantage of a “stepped-up basis” when you inherit property
July 22, 2020
Even if no money changes hands, bartering is a taxable transaction
July 20, 2020
Conduct a “paycheck checkup” to make sure your withholding is adequate
July 14, 2020
Businesses: Get ready for the new Form 1099-NEC
July 13, 2020
6 key IT questions to ask in the new normal
July 9, 2020
After you file your tax return: 3 issues to consider
July 8, 2020
Steer clear of the Trust Fund Recovery Penalty
July 7, 2020
Some people are required to return Economic Impact Payments that were sent erroneously
July 1, 2020
Haven’t filed your 2019 business tax return yet? There may be ways to chip away at your bill
June 29, 2020
SBA reopens EIDL program to small businesses and nonprofits
June 24, 2020
What qualifies as a “coronavirus-related distribution” from a retirement plan?
June 23, 2020
Launching a business? How to treat start-up expenses on your tax return
June 22, 2020
If you’re selling your home, don’t forget about taxes
June 17, 2020
Good records are the key to tax deductions and trouble-free IRS audits
June 15, 2020
PPP Flexibility Act eases rules for borrowers coping with COVID-19
June 11, 2020
Seniors: Can you deduct Medicare premiums?
June 9, 2020
Rioting damage at your business? You may be able to claim casualty loss deductions
June 8, 2020
IRS releases 2021 amounts for Health Savings Accounts
June 5, 2020
A nonworking spouse can still have an IRA
June 4, 2020
Business meal deductions: The current rules amid proposed changes
June 3, 2020
Student loan interest: Can you deduct it on your tax return?
May 27, 2020
Fortunate enough to get a PPP loan? Forgiven expenses aren’t deductible
May 19, 2020
Payroll Tax Relief Provisions in the CARES Act
May 15, 2020
IRS extends 2019 IRA contributions to July 15th
May 13, 2020
Business charitable contribution rules have changed under the CARES Act
May 12, 2020
Do you have tax questions related to COVID-19? Here are some answers
May 5, 2020
The CARES Act liberalizes net operating losses
May 4, 2020
IRA account value down? It might be a good time for a Roth conversion
April 28, 2020
Hiring independent contractors? Make sure they’re properly classified
April 27, 2020
Answers to questions you may have about Economic Impact Payments
April 22, 2020
New COVID-19 law makes favorable changes to “qualified improvement property”
April 21, 2020
COVID-19: IRS announces more relief and details
April 15, 2020
Relief from not making employment tax deposits due to COVID-19 tax credits
April 13, 2020
CARES ACT changes retirement plan and charitable contribution rules
April 7, 2020
Cash payments and tax relief for individuals in new law
March 31, 2020
Individuals get coronavirus (COVID-19) tax and other relief
March 25, 2020
Coronavirus (COVID-19): Tax relief for small businesses
March 23, 2020
Small business owners still have time to set up a SEP plan for last year
March 16, 2020
The 2019 gift tax return deadline is coming up
March 12, 2020
Determine a reasonable salary for a corporate business owner
March 9, 2020
Home is where the tax breaks might be
March 3, 2020
Tax credits may help with the high cost of raising children
February 26, 2020
Do you run your business from home? You might be eligible for home office deductions
February 24, 2020
Reasons why married couples might want to file separate tax returns
February 21, 2020
How business owners may be able to reduce tax by using an S corporation
February 18, 2020
The tax aspects of selling mutual fund shares
February 12, 2020
Do you want to go into business for yourself?
February 11, 2020
There still might be time to cut your tax bill with IRAs
February 4, 2020
Numerous tax limits affecting businesses have increased for 2020
January 27, 2020
Can you deduct charitable gifts on your tax return?
January 24, 2020
Cents-per-mile rate for business miles decreases slightly for 2020
January 21, 2020
New rules will soon require employers to annually disclose retirement income to employees
January 13, 2020
4 new law changes that may affect your retirement plan
January 7, 2020
Your home office expenses may be tax deductible
December 31, 2019
New law provides a variety of tax breaks to businesses and employers
December 30, 2019
Congress gives a holiday gift in the form of favorable tax provisions
December 26, 2019
Wayfair revisited — It’s time to review your sales tax obligations
December 23, 2019
Small Businesses: It may not be too late to cut your 2019 taxes
December 16, 2019
Adopting a child? Bring home tax savings with your bundle of joy
December 13, 2019
2020 Q1 tax calendar: Key deadlines for businesses and other employers
December 10, 2019
3 last-minute tips that may help trim your tax bill
December 6, 2019
Holiday parties and gifts can help show your appreciation and provide tax breaks
December 3, 2019
Small businesses: Get ready for your 1099-MISC reporting requirements
November 21, 2019
Using your 401(k) plan to save this year and next
November 18, 2019
Small businesses: Stay clear of a severe payroll tax penalty
November 4, 2019
IRA charitable donations are an alternative to taxable required distributions
October 31, 2019
Setting up a Health Savings Account for your small business
October 18, 2019
Watch out for tax-related scams
October 15, 2019
Understanding and controlling the unemployment tax costs of your business
October 8, 2019
Take advantage of the gift tax exclusion rules
October 1, 2019
The chances of an IRS audit are low, but business owners should be prepared
September 30, 2019
How to treat your business website costs for tax purposes
September 27, 2019
2019 Q4 tax calendar
September 24, 2019
Uncle Sam may provide relief from college costs on your tax return
September 17, 2019
Getting a divorce? There are tax issues you need to understand
September 13, 2019
The key to retirement security is picking the right plan for your business
September 9, 2019
The tax implications of a company car
August 27, 2019
Taking distributions from your traditional IRA
August 22, 2019
Should you elect S corporation status?
August 21, 2019
“Innocent spouses” may get relief from tax liability
August 20, 2019
What to do if your business receives a “no-match” letter
August 13, 2019
The tax implications of being a winner
August 8, 2019
The IRS is targeting business transactions in bitcoin and other virtual currencies
August 5, 2019
The “kiddie tax” hurts families more than ever
August 1, 2019
Take a closer look at home office deductions
July 29, 2019
The “nanny tax” must be paid for more than just nannies
July 23, 2019
Summer: A good time to review your investments
July 16, 2019
It’s a good time to buy business equipment and other depreciable property
July 15, 2019
Volunteering for charity: Do you get a tax break?
July 10, 2019
M&A transactions: Avoid surprises from the IRS
July 9, 2019
Bartering: A taxable transaction even if your business exchanges no cash
July 1, 2019
If your kids are off to day camp, you may be eligible for a tax break
June 27, 2019
Which entity is most suitable for your new or existing business?
June 25, 2019
2019 Q3 tax calendar: Key deadlines
June 20, 2019
Is an HSA right for you?
June 18, 2019
Hiring this summer? You may qualify for a valuable tax credit
June 11, 2019
Employers: Be aware (or beware) of a harsh payroll tax penalty
June 3, 2019
Why You Should Never Under Report Your Income
February 26, 2019
Taxable Services in the State of Texas
December 6, 2018
20 Financial Terms Every Business Owner Should Know
November 28, 2018
Forms 1099 – The Basics You Should Know
November 21, 2018
New Online Sales Tax Requirements for Out-of-state Sellers
November 15, 2018
5 Signs That You Need to Find a New CPA
November 7, 2018
Not-For-Profits: Get Ready for Historic Changes to Accounting Principles
October 15, 2018
How Marriage Can Affect Your Taxes in 2018
August 15, 2018
Supreme Court Ruling: Out-Of-State Retailers To Collect Sales Tax for E-commerce
July 2, 2018
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