Intangible assets: How must the costs incurred be capitalized?
December 15, 2022
Any transaction your business engages in involving intangible assets and their related costs should be analyzed to determine the tax implications. Here are the basic rules.
Accounting policies and procedures are essential for nonprofits, too
December 14, 2022
Not-for-profit entities may not focus on earnings per share, but that doesn’t mean they can afford to neglect their accounting function. Here are some tips to help nonprofits run a well-oiled accounting department.
Year-end giving to charity or loved ones
December 13, 2022
Many people like to give thanks at this time of year by donating to their favorite charities. Here are the basic 2022 rules for charitable contributions and gifts to loved ones.
Is your business closing? Here are your final tax responsibilities
December 12, 2022
If your business is closing its doors, taxes may be the last thing on your mind. But there are a number of tax obligations that must be met when a business shuts down. Here are the basic requirements.
Computer software costs: How does your business deduct them?
December 9, 2022
The tax treatment of computer software costs can be more complicated than you might think. Here are the basic rules.
How savings bonds are taxed
December 8, 2022
Do you own savings bonds? Here’s how the interest on the bonds is taxed.
