From what we know, when lawmakers originally passed the Paycheck Protection Program (PPP), they thought that under its provisions  you did not pay taxes on

If you own your business and have at least one employee, a great way to obtain the maximum tax deductions possible for health care insurance

All small-business owners with one to 49 employees should have a medical plan in their business. Sure, the tax law does not require you to

 The clock continues to tick. Your retirement is one year closer. You have time before December 31 to take steps that will help you fund

Here’s the basic strategy: Avoid the high taxes (up to 40.8 percent) on short-term capital gains and ordinary income. Lower the taxes to zero—or if

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