Medical expenses: What it takes to qualify for a tax deduction
As we all know, medical services and prescription drugs are expensive. You may be able to deduct some of your expenses on your tax return
As we all know, medical services and prescription drugs are expensive. You may be able to deduct some of your expenses on your tax return
At this time of year, many business owners ask if there’s anything they can do to save tax for the year. Under current tax law,
As we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved ones. Taxpayers can transfer substantial
If you’re planning to sell assets at a loss to offset gains that have been realized during the year, it’s important to be aware of
As an employer, you must pay federal unemployment (FUTA) tax on amounts up to $7,000 paid to each employee as wages during the calendar year.
Is your business depreciating over a 30-year period the entire cost of constructing the building that houses your operation? If so, you should consider a
Given the escalating cost of employee health care benefits, your business may be interested in providing some of these benefits through an employer-sponsored Health Savings
Working from home has its perks. Not only can you skip the commute, but you also might be eligible to deduct home office expenses on
The IRS uses Audit Techniques Guides (ATGs) to help IRS examiners get ready for audits. Your business can use the same guides to gain insight
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