FASB approves updated rules for disclosing income taxes
October 3, 2023
Updated rules have been approved that will require more detailed disclosures on income taxes to help stakeholders better understand your company’s tax position. Here’s what you should know.
What types of expenses can’t be written off by your business?
October 2, 2023
You want to be able to deduct business expenses on your tax return. But in order to be deductible, expenses must be ordinary, necessary and reasonable. Here are the rules.
What are the tax implications of winning money or valuable prizes?
September 28, 2023
There are tax implications if you hit a sizable jackpot in the lottery or while gambling. Here are the basic rules.
With benefits costs likely to rise, employers may want to consider HSAs
September 26, 2023
Employers: Are you concerned about the rising cost of health care benefits next year? One broad strategy that many organizations have deployed is to offer a high-deductible health plan coupled with Health Savings Accounts.
2023 Q4 tax calendar: Key deadlines for businesses and other employers
September 25, 2023
The leaves are beginning to turn in some areas so it’s time for businesses to start thinking about year-end tax strategies. It’s also a good time to think about the fourth quarter 2023 tax filing deadlines.
It’s important to understand how taxes factor into M&A transactions
September 22, 2023
Buying or selling a business? It may be the most important transaction you ever make. So it’s important to seek professional tax advice as you negotiate. Don’t wait until a deal is done!
