The Ins and Outs of the Home Office Deduction
If you’re self-employed and run your business from home, or perform certain functions there, you might be able to claim deductions for home office expenses against your business income.
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Buy-Sell Agreements Require Careful Planning
Does your business have multiple owners? If so, you need a buy-sell agreement.
Businesses: Important Tax Changes in 2023
Here’s what small business owners need to know about tax law changes and inflation adjustments for the year ahead. Standard Mileage RatesIn 2023, the rate for business miles driven is 65.5 cents, up 3 cents from the midyear increase setting the rate for the second half of 2022 Section 179 ExpensingIn 2023, the Section 179…
Donor Advised Funds
A Donor-advised fund is an efficient tax planning tool for high-net-worth taxpayers interested in charitable giving.
Payroll Classification Issues: W-2 vs Independent Contractors
It is crucial to understand the difference between Independent Contractors and W2 earning employees.