What is the R&D Tax Credit?

Why include your CPA when creating a new product? While they may be easy to overlook, their presence throughout your process could save you big come tax time. We detail how an R&D tax credit

What You Need to Know About Merger and Acquisition Transactions

Buying or selling a business may be the most important transaction you ever make. So it’s important to seek professional tax advice as you negotiate. After a deal is done, it may be too late

Key Deadlines for 2019 Quarter 2 Tax Calendar

Does the April 15 filing deadline apply to your company? What additional tax deadlines are there for businesses and employers during the second quarter of 2019? Here are some of the key tax-related deadlines that

Leasing Equipment vs. Buying Equipment for your Business

When deciding whether to lease or buy equipment or other fixed assets, there are a multitude of factors to consider, including tax implications. Pros and Cons of Leasing From a cash flow perspective, leasing can

What LLC Members Need to Know About Self-employment Tax

Limited liability company (LLC) members may be subject to back taxes and penalties if they underpay self-employment tax. Find out if your business could be at risk. SE Tax Background Self-employment income is subject to

C Corporation Tax Truths

Most C corporations are seeing a significant tax cut under the Tax Cuts and Jobs Act (TCJA). But there are still certain tax vulnerabilities for these entities that haven’t changed much. Check out some of

What to Consider When Filing your 2018 Tax Return

Enhanced depreciation-related tax breaks for certain business real estate investments, such as qualified improvement property, may offer substantial savings when you file your 2018 tax return. Here's what you need to know. Section 179 expensing

Annual Inflation Adjustments Affecting Businesses in 2019

Do you know what the Section 179 expensing limit is for 2019? Or how much you can allow your employees to contribute to their 401(k) plans this year? Find out these amounts and other annual

Possibility of Larger Deductions for Business Miles this Year

Businesses generally can determine their vehicle expense deductions either by calculating the actual expenses or using the IRS’s standard mileage rate, which has increased for 2019. Your business may be able to claim a larger

Tax Planning Exit Strategies for Business Owners

Your exit strategy may not be the first thing that comes to mind when thinking about tax planning for your business. But it should be a key element to look out for your own financial

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