The tax treatment of intangible assets
December 17, 2024
Properly managing the tax treatment of intangible assets is vital for businesses to maximize tax benefits and ensure compliance with tax regulations.
What are retained earnings — and why do they matter?
December 16, 2024
Business owners tend to overlook retained earnings on their balance sheets. However, they’re often on external stakeholders’ radar. Here’s a quick overview.
2025 fringe benefit COLAs: Key figures for employers
December 13, 2024
Employers: More than likely, your organization sponsors a variety of tax-qualified fringe benefits for employees. Every year, the IRS adjusts the dollar limits for many such benefits based on inflation. Here are some highlights of the 2025 “COLAs.”
Drive down your business taxes with local transportation cost deductions
December 12, 2024
The average price of gas is down more than 20 cents per gallon from a year ago. That may affect the tax deductions for local transportation costs that your business can claim for 2024. Here’s what you can write off.
Goodwill impairment: Is your company at risk?
December 9, 2024
Does your company report goodwill on its balance sheet? Let’s review the current accounting rules for reporting impairment to assess whether your company could be affected.
Healthy savings: How tax-smart HSAs can benefit your small business and employees
December 4, 2024
Health Savings Accounts allow you and your employees to set aside money on a pre-tax basis to pay for qualified medical expenses. Here’s a look at what an HSA could mean for your business, as well as the inflation-adjusted amounts for 2024 and 2025.
