Small Business: The Future of Pass-Through Entities and Taxes
As a business owner, understanding the tax advantages of each business type is imperative. We explain in this week’s Business Tip.
Can the IRS Waive the 60-Day IRA Rollover Deadline?
Did you miss the 60-day rollover deadline for your IRA due to extenuating circumstances? All hope is not lost. Read all about it in this week’s Tax Tip.
Important Tax Changes for Small Businesses
Tax changes made in Dec. 2015 can greatly affect business’ tax returns for 2016! Read all about them in this week’s Business Tip.
Standard Mileage Rates for 2017
Standard mileage rates decreased for 2017, but taxpayers always have the option of calculating the actual costs. Learn more in this week’s Business Tip.
Tax Tips for the Self-Employed
Self-employed? You’ll want to be aware of the specific tax rules and opportunities that apply to you. Learn more in this week’s Tax Tip.
Dodging Tax Penalties
No one wants to pay a penalty. Taxpayers should be aware of what mistakes may incur a penalty with the IRS. Learn more in this week’s Tax Tip.
Record Retention: Deciding Which Financial Records to Keep
Tax Manager Dan DiLuzio, C.P.A., leads the show’s case study conversation on what files individuals need to keep when it comes to financial receipts and statements. He also discusses how to dispose of files and offers tips on the best way to store important documents.
Not Business as Usual for Employers: W-2 and 1099-MISC Filing Dates Moved Up
To combat tax filing fraud, the IRS will delay refunds that claim certain tax credits. Read all about it in this week’s Business Tip.
Congress Gives Small Employer HRAs the Green Light
Small businesses who don’t comply with the Affordable Care Act may be able to avoid penalties with HRAs. We explain in this week’s Insurance Tip.
Excited About the Social Security Benefits Increase for 2017?
Social Security (SS) benefits will receive a COLA increase of 0.3% in 2017—about $4 per recipient. Learn what this means in this week’s Tax Tip.