Tightening up your employment tax compliance process
June 26, 2025
It’s no mystery that employers must keep up with their employment tax responsibilities. Let’s review some compliance fundamentals.
Is college financial aid taxable? A crash course for families
June 25, 2025
Can college financial aid trigger a tax bill? Here are the tax rules for scholarships, fellowships, tuition discounts, work-study programs and other types of financial aid.
QuickBooks users: It’s time for a mid-year review
June 24, 2025
Working with cluttered QuickBooks records can be frustrating. Take the time now to inactivate old accounts, merge duplicates and delete what you no longer need. It can save you hours (and headaches) at year end.
DOs and DON’Ts to help protect your business expense deductions
June 23, 2025
To help justify your business expenses, it’s important to keep careful business records. Here are some DOs and DON’Ts based on a recent court case.
Are you missing a valuable tax deduction for Medicare premiums?
June 18, 2025
Are you 65 or older and paying Medicare premiums? You may qualify for a valuable tax break. Find out if it makes sense to itemize deductions and include medical expenses on your 2025 return.
The One, Big, Beautiful Bill could change the deductibility of R&E expenses
June 17, 2025
The deductibility of research and experimental expenses is limited for businesses. However, The One, Big, Beautiful Bill may significantly improve the deduction. Here’s the story.
