If you’re wondering about tax-free treatment for employer-provided meals and lodging, you may find the following overview helpful. Under Section 119 of the Internal Revenue
Do you operate your business as an S or a C corporation?
Do you drive a vehicle titled in your personal name for corporate business?
Beware. The Tax Cuts and Jobs Act (TCJA) changed the rules for tax years 2018-2025.
Before the TCJA, you had to pay attention to the use of your personal vehicle for corporate business in order to avoid losing deductions to the 2 percent miscellaneous itemized deduction rule and the alternative minimum tax.
Cash is king, especially during the worst recession since the 1930s. The hugely popular federal Paycheck Protection Program (PPP) that paid forgivable loans to millions
Good Faith at the Time Question: What are your thoughts on the repercussions for business owners who acted in good faith based on the information available
Government to Landlords: Drop Dead! During this COVID-19 pandemic, landlords have two big possible problems: Tenants who can’t pay the rent. Tax losses that they
Dear Client: How much is clarity worth? A lot, a whole lot. And how much is making things easier worth? Of course, it’s a lot,
Dear Client: The COVID-19 pandemic may create tax benefit opportunities for you and your family members. For example, you could hire your under-age-18 children, pay
The accounting process involves recording, interpreting, classifying, analyzing, reporting and summarizing financial data. Bookkeeping is the process of recording financial transactions. Recording financial transactions is