Businesses with employees who receive tips may be eligible for a tax credit
January 12, 2022
Owners of restaurants and bars have had a rough couple of years due to the pandemic. Keep in mind that employers in the food and beverage industry may be eligible for a valuable tax break with the FICA tip credit. Here’s how it works.
Defer tax with a like-kind exchange
January 10, 2022
With real estate prices up in some markets, the “like-kind” exchange strategy may be attractive if you want to sell commercial or investment real estate.
There’s a deduction for student loan interest … but do you qualify for it?
December 22, 2021
College is expensive and you may have taken student loans to pay for it. Can you deduct the interest you pay on these loans? Here are the rules.
Providing a company car? Here’s how taxes are handled
December 15, 2021
Providing a company car to executives at your business is a prized perk. Here are the basic tax rules involved in this fringe benefit.
With year-end approaching, 3 ideas that may help cut your tax bill
December 3, 2021
Before you know it, we’ll be ringing in 2022. You may still have time to reduce your 2021 federal tax liability by taking these steps.
Small businesses: There still may be time to cut your 2021 taxes
November 30, 2021
There may be ways your small business can save on 2021 taxes. But you must act before Dec. 31.
