In Notice 2021-61, the IRS recently announced 2022 cost-of-living adjustments to dollar limits and thresholds for qualified retirement...

Do you have a tax-saving flexible spending account (FSA) with your employer to help pay for health or dependent care expenses? As the end...

The Employee Retention Credit (ERC) was a valuable tax credit that helped employers survive the COVID-19 pandemic. A new law has...

With Thanksgiving just around the corner, the holiday season will soon be here. At this time of year, your business may want to show its...

As we approach the holidays, many people plan to donate to their favorite charities or give money or assets to their loved ones. Here are...

Are you considering a move to another state when you retire? Perhaps you want to relocate to an area where your loved ones live or where...

Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will...

Employers offer 401(k) plans for many reasons, including to attract and retain talent. These plans help an employee accumulate a...

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $147,000 for...

Years ago, it may have seemed like only government agencies with top-secret intel or wealthy international banks had to worry about...

Have you heard of the “nanny tax?” Even if you don’t employ a nanny, it may apply to you. Hiring a house cleaner, gardener or other...

Are employees at your business traveling again after months of virtual meetings? In Notice 2021-52, the IRS announced the fiscal 2022...

Run a business for any length of time and the importance of cash flow becomes abundantly clear. When payroll is due, bills are piling up...

If you’re fortunate enough to own a vacation home, you may want to rent it out for part of the year. What are the tax consequences? The...

In today’s data-driven world, business owners are constantly urged to track everything. And for good reason — having accurate, timely...

If you own a valuable piece of art, or other property, you may wonder how much of a tax deduction you could get by donating it to...

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2021. Keep in mind...

Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there are still more...

For many small businesses, the grand reopening is still on hold. The rapid spread of the Delta variant of COVID-19 has mired a variety of...

Given the escalating cost of health care, there may be a more cost-effective way to pay for it. For eligible individuals, a Health...