News
Should you reimburse employees for moving expenses?

Should you reimburse employees for moving expenses?

June 15, 2023

Employers: Could reimbursing employees for moving expenses give you a hiring and retention edge? Perhaps, but it’s important to first anticipate the tax impact.

When can seniors deduct Medicare premiums on their tax returns?

When can seniors deduct Medicare premiums on their tax returns?

June 14, 2023

Seniors who have Medicare insurance (including supplemental) know that it can be costly to get the desired coverage. If this is your situation, you may be able to deduct the cost of premiums, along with other medical expenses, on your tax return.

Advantages and disadvantages of claiming big first-year real estate depreciation deductions

Advantages and disadvantages of claiming big first-year real estate depreciation deductions

June 12, 2023

If your business has a choice to deduct real estate expenses or depreciate them over several years, the decision may seem simple. But there are a number of factors to consider.

Is QuickBooks right for your nonprofit?

Is QuickBooks right for your nonprofit?

June 9, 2023

Nonprofits: Here’s how QuickBooks can help you track your progress toward achieving financial targets for 2023 and beyond.

Traveling for business this summer? Here’s what you can deduct

Traveling for business this summer? Here’s what you can deduct

June 6, 2023

Here’s a rundown of the tax deductions you can claim for business travel.

Overview of discontinued operations reporting

Overview of discontinued operations reporting

June 5, 2023

In today’s uncertain markets, your business may decide to discontinue unprofitable product lines or business units. Are you up to speed on the accounting rules for reporting discontinued operations?