With all that’s happened in 2020, it’s easy to forget about your Section 199A deduction.

You may remember that the Tax Cuts and Jobs Act (TCJA) gave many pass-through businesses the Section 199Adeduction as a no-effort, do-nothing 20 percent tax deduction based on defined business income.

Do you need a replacement business car, SUV, van, or pickup truck? Do you need tax deductions this year? If you answered yes to both

Last December, the imaginatively named Setting Every Community Up for Retirement Enhancement Act (SECURE Act) became law. The SECURE Act was intended mainly to expand

If you have employees, you must withhold their 6.2 percent share of the Social Security (OASDI) tax from their wages up to an annual wage

It’s time to examine your existing business and personal (yes, personal) cars, SUVs, trucks, and vans for some profitable year-end business tax deductions. In this

Do you need a replacement business car, SUV, van, or pickup truck? Do you need tax deductions this year? If you answered yes to both

If you have children under the age of 18 and you file your business tax return as a proprietorship or partnership, you can find big

The purpose of this article is to get the IRS to owe you money.  Of course, the IRS is not likely to cut you a

 How do you avoid losing money by making the wrong choice? Here’s one way to see the issue: Say you have seven employees who now

Are you thinking about starting a new business? If so, congratulations. We know it can, and probably will, be an exciting ride. But like many

Suppose you just received that lovely letter from the IRS telling you that you are the subject of an IRS audit. What one record receives

With the COVID-19 pandemic still going on, you may be spending more time working from your home office. You may have taken some extra rooms