Vacation home: How is your tax bill affected if you rent it out?
October 14, 2021
A special federal income tax break is available if you rent your vacation home for less than 15 days during the year. Here are the rules.
New per diem business travel rates became effective on October 1
October 13, 2021
The IRS has announced the special “per diem” rates that became effective Oct. 1, 2021. Here are the basics of these rates.
Employers may “designate” certain payroll tax payments
October 12, 2021
Employers, you may be able to instruct the IRS on how to use certain payroll tax payments. Details here.
10 financial statement areas to watch for COVID-related effects
October 8, 2021
The COVID-19 pandemic is still affecting many organizations. It’s important to share any adverse effects of the pandemic with lenders and investors through your 2021 financial statements.
Navigating the tax landscape when donating works of art to charity
October 6, 2021
Are you an artist or collector interested in donating artwork to charity? Here are the basic rules to claim a tax deduction for your generosity.
2021 Q4 tax calendar: Key deadlines for businesses and other employers
October 5, 2021
With fall foliage here in many areas, it’s time for businesses to start thinking about year-end tax strategies. It’s also time to think about the fourth quarter 2021 tax filing deadlines.
