Protect the “ordinary and necessary” advertising expenses of your business
April 27, 2023
How does a business know if advertising and marketing expenses are “ordinary and necessary” so they can be deducted on its tax return? Here’s a look at the issue.
Now hiring: 10 questions to ask bookkeeper candidates
April 26, 2023
Hiring a bookkeeper for your small business can be a daunting task. Here are some helpful tips.
SECURE 2.0 law may make you more secure in retirement
April 25, 2023
Want to save more for retirement? You might be able to with the many changes in a new law signed on Dec. 29, 2022.
Including bonuses and other incentives in overtime calculations
April 24, 2023
Does your organization pay overtime to eligible employees? If so, be sure you’re familiar with the types of bonuses and incentives to include in the calculation.
There’s a favorable “stepped-up basis” if you inherit property
April 21, 2023
If you’ve inherited assets or you’re planning your estate, it’s crucial to understand the “step-up” basis rules.
Take advantage of the rehabilitation tax credit when altering or adding to business space
April 18, 2023
The federal tax code encourages businesses to invest in historic buildings with a tax credit. Here are the rules.
