What you need to know about the Employee Retention Credit in 2022
The Coronovirus Aid, Relief, and Economic Security (CARES) Act contains a business relief provision...
Posts about
tax
How to use the pass-through entity tax in Wisconsin or Illinois
The Tax Cut and Jobs Act of 2017 had many long-ranging implications, but perhaps none more...
S-corp, Partnership, or C-corp: Which is right for your small business growth?
According to the Bureau of Economic Analysis, S corporations account for 76.8% of corporations with...
Augusta Rule: How to Master this Tax Loophole
The Masters Tournament, held in Augusta, Georgia, is one of the most prestigious PGA golf...
Employee or Independent Contractor? Why you need to know the difference.
The distinction may be challenging to make sometimes, but the IRS has very strict...
IRS Estimates the Tax Gap Totals Hundreds of $$BILLIONS
If you are a small business owner, and you have never experienced an IRS audit,...
Millions of Backlogged Tax Returns
If you are one of the many people wondering what happened to the refund you...
Standard Mileage Rates for 2021
Whenever you drive for business, medical purposes, a charitable organization or move...
Decrease in Standard Mileage Rates
Whenever you drive for business, medical purposes, a charitable organization or move for...
Denied Deductions for Inadequate Business Records
On October 10, 2019, the Tax Court decided a case against a business owner who...