Tax breaks to consider during National Small Business Week
September 14, 2021
Before Dec. 31, you may want to make some tax moves to save on 2021 taxes. Here are a few strategies.
Planning for year-end gifts with the gift tax annual exclusion
September 8, 2021
There have been proposals in Washington to reduce the estate and gift tax exemption amount, as well as make other changes to the estate tax laws. Making tax-free gifts by year end can reduce the size of your taxable estate and may be one way to recognize and address this potential threat.
Does your employer provide life insurance? Here are the tax consequences
August 25, 2021
Does your employer provide you with group term life insurance? Depending on the amount of coverage, it may add to your tax bill. Here are the rules.
Who in a small business can be hit with the “Trust Fund Recovery Penalty?”
July 14, 2021
The IRS will impose the “Trust Fund Recovery Penalty” on certain business owners and managers personally if employment taxes aren’t paid to the government. Find out if you could be liable.
Retiring soon? 4 tax issues you may face
June 8, 2021
Tax planning is still important after you retire. Here are some of the tax implications of retirement.
Recordkeeping DOs and DON’Ts for business meal and vehicle expenses
June 7, 2021
Keeping meticulous business records for meal and vehicle expenses can protect your tax deductions. Here are some DOs and DON’Ts.
