Do you know payments your business makes under state and local tax credit programs may be tax deductible? The Internal Revenue Service (IRS) has issued a clarification to help business taxpayers understand when and how to deduct these payments on their federal tax...
Small business owners using the 20% tax break for pass-through entities should pay close attention to a new rule change proposed by the Internal Revenue Service (IRS). The change would end these business income deductions and could impact how your company is...
When tax cuts are announced for 2018, the loss of entertainment deductions for businesses seems harmless. What would it matter if companies can no longer treat potential clients to a night on the town for a five-star meal … and deduct it? The truth is more businesses...
