Blogs
Mastering the Tax Treatment of Intangible Assets: A Complete Guide
Intangible assets, such as patents, trademarks, copyrights, and goodwill, play a pivotal role in the success of modern businesses. However, the tax treatment of these assets is notoriously complex, often leaving business owners searching for clarity. …
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Maximize Your Small Business Tax Savings with Local Transportation Deductions
Understanding how to deduct local transportation expenses can help reduce your small business's tax liability significantly. Both you and your employees likely incur transportation costs annually, and knowing which expenses are deductible can make a …
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How HSAs Can Benefit Small Businesses and Employees in 2025
Discover How Health Savings Accounts (HSAs) Empower Small Businesses and Employees As a small business owner, managing health care costs can feel like an uphill battle. But there’s a tax-advantaged solution that can benefit both you and your …
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Understanding Business Meal and Entertainment Deductions for 2024: What You Can and Can’t Write Off
If you're unsure about the rules for deducting business meals and entertainment expenses, you're not alone. Recent changes to federal tax laws have left many business owners seeking clarity. Below we will break down what you can and can’t deduct in …
Self-Employment Taxes Explained: Strategies to Manage and Reduce Your Tax Burden
Understanding Self-Employment Taxes If you're a self-employed individual or own a growing, unincorporated small business, understanding self-employment (SE) taxes is crucial. The SE tax serves as the mechanism through which Social Security and …
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2025 Retirement Contribution Limits: How to Boost Your Savings This Year
With new cost-of-living adjustments from the IRS, 2025 brings slight increases to retirement contribution limits, allowing you and your employees to save even more. These updates, detailed in IRS Notice 2024-80, apply to 401(k) plans, IRAs, SIMPLE …
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Maximizing Your Business Travel Deductions: Essential Tax Tips for Entrepreneurs
As a business owner, travel may be essential for meeting clients, attending industry conferences, managing vendors, and much more. Understanding which travel expenses qualify as tax deductions can make a big impact on your business’s finances. By …
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Maximize Your Retirement: Building a Golden Nest Egg with a Solo 401(k) for Self-Employed Professionals
Building a robust retirement plan is essential, especially if you're self-employed. If you’re a small business owner without employees (other than your spouse), a Solo 401(k) plan can be an ideal choice for setting up a solid retirement foundation. …
Employers: Prepare for the 2025 Social Security Wage Base Increase
As 2025 approaches, employers need to prepare for updates to the Social Security wage base. The Social Security Administration recently announced that the wage base will rise to $176,100 for 2025, up from $168,600 in 2024. Wages and self-employment …
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Essential Steps for Your Business to Prepare for and Respond to an IRS Audit
The IRS has recently increased its audit efforts, particularly targeting large businesses and high-income individuals. By 2026, audit rates for large corporations with assets over $250 million will nearly triple, while partnerships with assets …
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The Benefits of Separating Your Business from Its Real Estate
If your business requires real estate to operate or holds property under its business name, it might be time to reconsider this approach. Separating business operations from real estate ownership offers several long-term benefits, including tax …
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Does Your Business Need to Report Employee Health Coverage? Key Obligations Explained
Offering employee health coverage is a vital part of many businesses' benefits packages, but navigating the reporting requirements can be challenging. As a business owner, it's essential to understand your obligations under federal laws like the …
Essential Tax Deadlines for Businesses and Employers: 2024 Q4 Tax Calendar
As the fourth quarter of 2024 approaches, businesses and employers must be aware of important tax deadlines to avoid penalties and stay compliant. Below are key tax dates that may impact your business, but keep in mind that this list isn’t …
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How to Keep Your Partnership or LLC Compliant with Tax Laws
When drafting partnership and LLC operating agreements, addressing various tax considerations is crucial. This is equally important for multi-member LLCs treated as partnerships for tax purposes. To ensure your business complies with federal tax …
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Year-End Tax Planning Tips For Your Small Business
As the year winds down, it’s time for small business owners to start thinking about year-end tax planning strategies. With Labor Day behind us, now is the perfect time to take proactive steps to potentially lower your tax liability for both 2024 and …
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Why An LLC Might Be The Perfect Choice For Your Small To Medium-Sized Business
Choosing the right legal structure for your small or medium-sized business is a crucial decision that can significantly impact your tax obligations, personal liability, and overall business operations. For many entrepreneurs, forming a Limited …
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Mastering Tax Complexity: Precision in Crafting Partnership and LLC Agreements
Partnerships and multi-member LLCs, which are often treated as partnerships for tax purposes, are popular structures for business and investment ventures. These entities provide significant federal income tax benefits, particularly through …
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Cash or Accrual Accounting: Which is Best for Tax Purposes?
Businesses often face the choice between using the cash or accrual method of accounting for tax purposes. While the cash method can offer substantial tax benefits for those who qualify, some businesses might find the accrual method more advantageous. …
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Stop Drilling Over Your Books: Outsource Your Dental Practice’s Bookkeeping Today!
Running a dental practice isn’t just about creating bright smiles—it’s about keeping your finances in perfect alignment. If managing your books feels more like pulling teeth than a smooth process, it’s time to take action. Waiting too long to get …
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Navigating Federal Income Tax Implications on Real Estate Gains
When selling real estate that has been held for over a year, you may anticipate paying federal income tax at the standard long-term capital gains rates of 15% or 20%. This rate typically applies to assets held beyond one year. However, if your real …
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Decoding Real Estate Capital Gains Taxes
If you own real estate that has appreciated over time and decide to sell it after holding it for more than a year, you might expect to pay the standard federal income tax rates of 15% or 20% on your long-term capital gains. This applies whether you …
Potential Future Tax Landscape for Businesses
The forthcoming presidential and congressional elections may have a substantial impact on the tax landscape for U.S. businesses. A key factor in the potential shift is a tax provision set to expire in approximately 17 months and how Washington …
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Business Website Expenses: Managing Them for Tax Benefits
Understanding Tax Treatment for Business Website Expenses With most businesses now having websites, it’s important to know how these costs can be handled for tax purposes, even though the IRS hasn't provided specific guidance on this …
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Managing Tax Responsibilities When Closing a Business
While various facets of the economy have improved this year, the rising cost of living and other economic challenges have led many businesses to close. If you find yourself in this situation, we can assist you in managing the necessary tax …
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Why Every Business with Co-Owners Needs a Buy-Sell Agreement
Are you considering purchasing a business that will have one or more co-owners? Or do you currently own such a business? If so, implementing a buy-sell agreement is a crucial step. A well-drafted agreement can offer the following benefits: …
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Understanding the Tax Implications of Selling Business Property
When selling property used in your trade or business, it is crucial to understand the tax implications involved. Numerous complex rules may apply, but for the sake of simplicity, let's focus on land or depreciable property used in your business that …
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Borrowing from Your Closely Held Corporation: Essential Considerations
If you own a closely held corporation, borrowing funds from your business at lower interest rates than those charged by banks can be advantageous. However, it is crucial to navigate certain risks and ensure the interest rate charged is …
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Botwinick & Company LLC Named One of the ‘Best Places to Work’ in New Jersey by NJBIZ
Botwinick & Company LLC, a leading certified public accounting and advisory firm, is proud to announce that it has been named one of the 'Best Places to Work' in New Jersey by NJBIZ. This prestigious award recognizes the company's commitment to …
Key Tax-Related Deadlines for Businesses and Employers in the Third Quarter of 2024
As we move through the third quarter of 2024, it's important for businesses and employers to be aware of key tax-related deadlines. Please note that this list is not exhaustive, and there may be additional deadlines applicable to your specific …
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Hiring Your Child for Your Business: A Smart Tax Strategy
As the school year concludes in New Jersey, you might be contemplating ways to keep your child engaged in a learning environment. One valuable option is hiring your child to work at your business. This not only imparts essential business knowledge to …
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IRS Releases 2025 Inflation-Adjusted Amounts for Health Savings Accounts (HSAs)
The IRS has recently issued guidance on the 2025 inflation-adjusted amounts for Health Savings Accounts (HSAs). These adjustments, made annually based on inflation, are announced earlier than other inflation-adjusted amounts to allow employers …
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Structuring Asset Purchases in Business Acquisitions: Key Tax Considerations
After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you are considering buying a business, optimizing the structure of your purchase for the best post-tax results is crucial. You can …
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Financial and Legal Considerations When Adding a New Partner to a Partnership
Adding a new partner to a partnership involves several financial and legal implications that require careful planning to avoid various tax complications. Let’s consider an example: You and your partners are planning to admit a new partner, who will …
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Tax Treatment of Partner-Incurred Expenses in Service Partnerships
It is not uncommon for partners in service partnerships, such as architecture or law firms, to incur expenses related to the partnership’s business. For example, partners may incur entertainment expenses when developing new client relationships or …
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Alternative Tax Strategies: When Businesses Should Consider Opposite Approaches to Income and Deductions
Businesses typically seek to delay recognizing taxable income into future years and accelerate deductions into the current year to minimize their current tax liabilities. However, there are instances where the opposite strategy may be advisable, …
Establish a Tax-Advantaged Retirement Plan for Your Business Today
Considering a Retirement Plan for Your Business: Tax Advantages and Planning Strategies If your business has yet to establish a retirement plan, now presents a prime opportunity to do so. Current retirement plan regulations offer substantial …
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Effective Recordkeeping and Valid Business Expenses: Mitigating Challenges in IRS Audits
Operating a business, whether established or newly launched, necessitates diligent record-keeping of income and expenses. It is crucial to accurately record expenses to maximize eligible tax deductions and to effectively substantiate reported amounts …
2024 Second Quarter Tax Calendar: Important Deadlines for Businesses and Employers
Below are some of the key tax-related deadlines applicable to businesses and employers in the second quarter of 2024. Please note that this list is not exhaustive, so there may be additional deadlines specific to your situation. We recommend …
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Strategic Coordination of Sec. 179 Tax Deductions and Bonus Depreciation
To optimize tax savings, businesses should prioritize maximizing depreciation write-offs for newly acquired assets within the current tax year. Two key federal tax incentives facilitate this strategy: first-year Section 179 depreciation deductions …
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Bartering Is A Taxable Transaction Even If No Cash Is Exchanged
If your small business is seeking to conserve cash or reduce expenses, engaging in barter or trade for goods and services can be advantageous. While bartering dates back to ancient times, modern technology, particularly the internet, has facilitated …
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Optimize Your QBI Deduction Before Its Expiration
The qualified business income (QBI) deduction offers significant tax advantages to eligible businesses until its scheduled expiration in 2025. Therefore, it's crucial for eligible businesses to capitalize on this deduction while it remains in effect, …
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Better Tax Break When Applying The Research Credit Against Payroll Taxes
The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break available to certain eligible small businesses. But in addition to the credit itself, be aware that there are …
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Tax-Wise Ways To Take Cash From Your Corporation While Avoiding Dividend Treatment
If you want to withdraw cash from your closely held corporation at a low tax cost, the easiest way is to distribute cash as a dividend. However, a dividend distribution isn’t tax efficient since it’s taxable to you to the extent of your corporation’s …
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Taking Your Spouse On A Business Trip? Can You Write Off The Costs?
A recent report shows that post-pandemic global business travel is going strong. The market reached $665.3 billion in 2022 and is estimated to hit $928.4 billion by 2030, according to a report from Research and Markets. If you own your own company …
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What’s The Best Accounting Method Route For Business Tax Purposes?
Businesses basically have two accounting methods to figure their taxable income: cash and accrual. Many businesses have a choice of which method to use for tax purposes. The cash method often provides significant tax benefits for eligible businesses, …
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Update On IRS Efforts To Combat Questionable Employee Retention Tax Credit claims
The Employee Retention Tax Credit (ERTC) was introduced back when COVID-19 temporarily closed many businesses. The credit provided cash that helped enable struggling businesses to retain employees. Even though the ERTC expired for most employers at …
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Tax-Favored Qualified Small Business Corporation Status Could Help You Thrive
Operating your small business as a Qualified Small Business Corporation (QSBC) could be a tax-wise idea. Tax-free treatment for eligible stock gains QSBCs are the same as garden-variety C corporations for tax and legal purposes — except QSBC …
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Does Your Business Have Employees Who Get Tips? You May Qualify For a Tax Credit
If you’re an employer with a business where tipping is routine when providing food and beverages, you may qualify for a federal tax credit involving the Social Security and Medicare (FICA) taxes that you pay on your employees’ tip income. Credit …
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Defer A Current Tax Bill With A Like-Kind Exchange
If you’re interested in selling commercial or investment real estate that has appreciated significantly, one way to defer a tax bill on the gain is with a Section 1031 “like-kind” exchange. With this transaction, you exchange the property rather than …
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The Standard Business Mileage Rate Will Be Going Up Slightly In 2024
The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up by 1.5 cents per mile in 2024. The IRS recently announced that the cents-per-mile rate for the business use of a car, …
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2024 Q1 Tax Calendar: Key Deadlines For Businesses And Other Employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. If you have questions …
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Gifts, Parties, and Tax Benefits: A Guide to Grateful Celebrations
The holiday season is here. During this festive season, your business may want to show its gratitude to employees and customers by giving them gifts or hosting holiday parties. It's a good time to review the tax rules associated with these expenses. …
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A Company Car Is A Valuable Perk But Don’t Forget About Taxes
One of the most appreciated fringe benefits for owners and employees of small businesses is the use of a company car. This perk results in tax deductions for the employer as well as tax breaks for the owners and employees driving the cars. (And of …
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Key 2024 Inflation-Adjusted Tax Parameters For Small Businesses And Their Owners
The IRS recently announced various inflation-adjusted federal income tax amounts. Here’s a rundown of the amounts that are most likely to affect small businesses and their owners. Rates and brackets If you run your business as a sole proprietorship …
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A Cost Segregation Study May Cut Taxes And Boost Cash Flow
Is your business depreciating over 30 years the entire cost of constructing the building that houses your enterprise? If so, you should consider a cost segregation study. It may allow you to accelerate depreciation deductions on certain items, …
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New Per Diem Business Travel Rates Kicked In On October 1
Are employees at your business traveling and frustrated about documenting expenses? Or perhaps you’re annoyed at the time and energy that goes into reviewing business travel expenses. There may be a way to simplify the reimbursement of these …
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Choosing a Business Entity: Which Way To Go?
If you’re planning to start a business or thinking about changing your business entity, you need to determine what will work best for you. Should you operate as a C corporation or a pass-through entity such as a sole-proprietorship, partnership, …
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The Social Security Wage Base For Employees And Self-Employed People Is Increasing In 2024
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $168,600 for 2024 (up from $160,200 for 2023). Wages and self-employment income above this threshold aren’t subject to Social …
Business Automobiles: How The Tax Depreciation Rules Work
Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules are complicated, and special limitations that apply to vehicles classified as passenger autos (which include many …
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How IRS Auditors Learn About Your Business Industry
Ever wonder how IRS examiners know about different industries so they can audit various businesses? They generally do research about specific industries and issues on tax returns by using IRS Audit Techniques Guides (ATGs). A little-known fact is …
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What Types Of Expenses Can’t Be Written Off By Your Business?
If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed. For example, the tax law doesn’t explicitly state that you can deduct office supplies and …
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2023 Q4 Tax Calendar: Key Deadlines For Businesses And Other Employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2023. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure …
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It’s Important To Understand How Taxes Factor Into M&A Transactions
In recent years, merger and acquisition activity has been strong in many industries. If your business is considering merging with or acquiring another business, it’s important to understand how the transaction will be taxed under current …
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Update On Depreciating Business Assets
The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation adjustments. And due to high inflation, the adjustments for 2023 were big. Here are the numbers that small …
Divorcing Business Owners Should Pay Attention To The Tax Consequences
If you’re getting a divorce, you know the process is generally filled with stress. But if you’re a business owner, tax issues can complicate matters even more. Your business ownership interest is one of your biggest personal assets and in many cases, …
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Receive More Than $10,000 In Cash At Your Business? Here’s What You Must Do
Does your business receive large amounts of cash or cash equivalents? If so, you’re generally required to report these transactions to the IRS — and not just on your tax return. The requirements Each person who, in the course of operating a …
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The Advantages of Using an LLC For Your Small Business
If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your assets. Or maybe you’re launching a new business and want to know your options for setting it up. Here …
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A Tax-Smart Way To Develop And Sell Appreciated Land
Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels and sell them off for a hefty profit, it could trigger a large tax bill. In this scenario, the tax rules generally treat …
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Use An S Corporation To Mitigate Federal Employment Tax Bills
If you own an unincorporated small business, you probably don’t like the size of your self-employment (SE) tax bills. No wonder! For 2023, the SE tax is imposed at the painfully high rate of 15.3% on the first $160,200 of net SE income. This …
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Starting A Business? How Expenses Will Be Treated On Your Tax Return
Government officials saw a large increase in the number of new businesses launched during the COVID-19 pandemic. And the U.S. Census Bureau reports that business applications are still increasing slightly (up 0.4% from April 2023 to May 2023). The …
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Experience The Benefits Of Working With A Dental CPA
By Kenneth Botwinick, CPA Having real-time guidance from a certified public accountant (CPA) who specializes in the dental industry is extremely valuable. If you approach your local CPA and inquire about making a significant purchase like acquiring …
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Advantages And Disadvantages Of Claiming Big First-Year Real Estate Depreciation Deductions
Your business may be able to claim big first-year depreciation tax deductions for eligible real estate expenditures rather than depreciate them over several years. But should you? It’s not as simple as it may seem. Qualified improvement …
2023 Q3 Tax Calendar: Key Deadlines For Businesses And Other Employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2023. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure …
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Keep These DOs And DON’Ts In Mind When Deducting Business Meal And Vehicle Expenses
If you’re claiming deductions for business meals or auto expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete documentation or try to create records months (or years) later. In doing so, they fail to meet the …
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The IRS Has Just Announced 2024 Amounts For Health Savings Accounts
The IRS recently released guidance providing the 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA fundamentals An HSA is a trust created or organized exclusively for the purpose of paying the “qualified medical expenses” …
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If You’re Hiring Independent Contractors, Make Sure They’re Properly Handled
Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary pressures. If you’re among them, be careful that these workers are properly classified for federal tax purposes. …
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Use The Tax Code To Make Business Losses Less Painful
Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing businesses to apply losses to offset taxable income in future years, subject to certain …
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Education Benefits Help Attract, Retain And Motivate Your Employees
One popular fringe benefit is an education assistance program that allows employees to continue learning and perhaps earn a degree with financial assistance from their employers. One way to attract, retain and motivate employees is to provide …
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4 Ways Corporate Business Owners Can Help Ensure Their Compensation Is “Reasonable”
If you're the owner of an incorporated business, you know there's a tax advantage to taking money out of a C corporation as compensation rather than as dividends. The reason: A corporation can deduct the salaries and bonuses that it pays executives, …
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Take Advantage Of The Rehabilitation Tax Credit When Altering Or Adding To Business Space
If your business occupies substantial space and needs to increase or move from that space in the future, you should keep the rehabilitation tax credit in mind. This is especially true if you favor historic buildings. The credit is equal to 20% of …
Retirement Saving Options For Your Small Business: Keep It Simple
If you’re thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial commitment and administrative burdens involved, there are a couple of options to consider. Let’s take a look at a …
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The Tax Advantages Of Hiring Your Child This Summer
Summer is around the corner so you may be thinking about hiring young people at your small business. At the same time, you may have children looking to earn extra spending money. You can save family income and payroll taxes by putting your child on …
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2023 Q2 Tax Calendar: Key Deadlines For Businesses And Employers
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2023. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to …
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Do You Run A Business From Home? You May Be Able To Deduct Home Office Expenses
Many people began working from home during the COVID-19 pandemic — and many still work from their home offices either all the time or on a hybrid basis. If you’re self-employed and run your business from home or perform certain functions there, you …
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Protect The “Ordinary And Necessary” Advertising Expenses Of Your Business
Under tax law, businesses can generally deduct advertising and marketing expenses that help keep existing customers and bring in new ones. This valuable tax deduction can help businesses cut their taxes. However, in order to be deductible, …
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Buying A New Business Vehicle? A Heavy SUV Is A Tax-Smart Choice
If you’re buying or replacing a vehicle that you’ll use in your business, be aware that a heavy SUV may provide a more generous tax break this year than you’d get from a smaller vehicle. The reason has to do with how smaller business cars are …
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Have Employees Who Receive Tips? Here Are The Tax Implications
Many businesses in certain industries employ individuals who receive tips as part of their compensation. These businesses include restaurants, hotels and salons. Tip definition Tips are optional payments that customers make to employees who perform …
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Many Tax Limits Affecting Businesses Have Increased For 2023
An array of tax-related limits that affect businesses are indexed annually, and due to high inflation, many have increased more than usual for 2023. Here are some that may be important to you and your business. Social Security tax The amount of …
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Forms W-2 And 1099-NEC Are Due To Be Filed Soon
With the 2023 filing season deadline drawing near, be aware that the deadline for businesses to file information returns for hired workers is even closer. By January 31, 2023, employers must file these forms: Form W-2, Wage and Tax Statement. W-2 …
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Dental Practice Acquisition – Financial Due Dilligence
Are You Ready To Buy A Dental Practice? You’ve taken the time to refine your clinical skills since dental school graduation. You’ve registered with the top regional dental practice brokers. You’ve asked for help from anyone who might be able to …
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Employers Should Be Wary Of ERC Claims That Are Too Good To Be True
The Employee Retention Credit (ERC) was a valuable tax credit that helped employers that kept workers on staff during the height of the COVID-19 pandemic. While the credit is no longer available, eligible employers that haven’t yet claimed it might …
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The Standard Business Mileage Rate Is Going Up In 2023
Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up in 2023. The IRS recently announced that the …
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2023 Q1 Tax Calendar: Key Deadlines For Businesses And Other Employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. If you have questions …
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Do You Qualify For The QBI Deduction? And Can You Do Anything By Year-End To Help Qualify?
If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is referred to as the pass-through deduction or the Section 199A deduction. The QBI deduction is: Available to …
Choosing A Business Entity? Here Are The Pros And Cons Of A C Corporation
If you’re launching a new business venture, you’re probably wondering which form of business is most suitable. Here is a summary of the major advantages and disadvantages of doing business as a C corporation. A C corporation allows the business to …
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Intangible Assets: How Must The Costs Incurred Be Capitalized
These days, most businesses have some intangible assets. The tax treatment of these assets can be complex. What makes intangibles so complicated? IRS regulations require the capitalization of costs to: Acquire or create an intangible …
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Is Your Business Closing? Here Are Your Final Tax Responsibilities
Businesses shut down for many reasons. Some of the reasons that businesses shutter their doors: An owner retirement, A lease expiration, Staffing shortages, Partner conflicts, and Increased supply costs. If you’ve decided to …
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Computer Software Costs: How Does Your Business Deduct Them?
These days, most businesses buy or lease computer software to use in their operations. Or perhaps your business develops computer software to use in your products or services or sells or leases software to others. In any of these situations, you …
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2023 Limits For Businesses That Have HSAs — Or Want To Establish Them
No one needs to remind business owners that the cost of employee health care benefits keeps increasing. One way to provide some of these benefits is through an employer-sponsored Health Savings Account (HSA). For eligible individuals, an HSA offers a …
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