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.
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.
Senior tax-saving alert: Make charitable donations from your IRA
December 6, 2024
Qualified charitable distributions can benefit you and your favorite charities. Here’s how to unlock the power of giving.
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.
When can you deduct business meals and entertainment?
December 2, 2024
If your business is having a holiday party this year, how much of the cost of food and beverages is tax deductible? What if you’re going on a business trip? Here are the answers.
How inflation will affect your 2024 and 2025 tax bills
November 27, 2024
Inflation has slowed down considerably in the last couple of years. What does this mean for your federal tax bill? Here are the inflation-adjusted amounts for several provisions in 2025, compared to 2024.
