Some small businesses can still benefit from the health care coverage credit
March 2, 2026
Although the tax credit for providing health coverage to employees has been available for more than a decade and generally can be claimed for only two years, some small businesses may still be eligible.
Beware: Accounting missteps can trip up new businesses
February 27, 2026
Starting a business? Don’t let simple accounting and bookkeeping missteps derail your success. Here are some common pitfalls to avoid.
A brief refresher on nonemployee compensation
February 26, 2026
If your business or organization uses independent contractors, don’t lose sight of the IRS rules for reporting their compensation and applying backup withholding when required.
A brief refresher on nonemployee compensation
February 25, 2026
If your business or organization uses independent contractors, don’t lose sight of the IRS rules for reporting their compensation and applying backup withholding when required.
Before claiming a charitable deduction for 2025, make sure you can substantiate it
February 19, 2026
Charitable donations can be a powerful tax saver for anyone who itemizes deductions. But you must comply with many rules, including obtaining proper substantiation for your gifts.
Increase your current business deductions under tangible property safe harbors
February 18, 2026
If in 2025 your business made building or equipment repairs or performed routine maintenance on vehicles or machinery, a safe harbor may allow you to claim valuable tax deductions.
