Your 2017 tax return may be your last chance to take the “manufacturers’ deduction”

January 16, 2018 4:03 pm

While many provisions of the Tax Cuts and Jobs Act (TCJA) will save businesses tax, the new law also reduces or eliminates some tax breaks for businesses. One... (more)

New tax law gives pass-through businesses a valuable deduction

January 16, 2018 3:36 pm

Although the drop of the corporate tax rate from a top rate of 35% to a flat rate of 21% may be one of the most talked about... (more)

The Tax Cuts and Jobs Act temporarily expands bonus depreciation

January 2, 2018 4:00 pm

The Tax Cuts and Jobs Act (TCJA) enhances some tax breaks for businesses while reducing or eliminating others. One break it enhances — temporarily — is bonus depreciation.... (more)

Tax Cuts and Jobs Act: Key provisions affecting businesses

December 26, 2017 4:46 pm

The recently passed tax reform bill, commonly referred to as the “Tax Cuts and Jobs Act” (TCJA), is the most expansive federal tax legislation since 1986. It includes... (more)

This year’s company holiday party is probably tax deductible, but next year’s may not be

December 19, 2017 1:30 pm

Many businesses are hosting holiday parties for employees this time of year. It’s a great way to reward your staff for their hard work and have a little... (more)

Should you buy a business vehicle before year end?

December 11, 2017 4:20 pm

One way to reduce your 2017 tax bill is to buy a business vehicle before year end. But don’t make a purchase without first looking at what your... (more)

2018 Q1 tax calendar: Key deadlines for businesses and other employers

December 4, 2017 7:23 pm

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2018. Keep in mind that this list isn’t all-inclusive, so... (more)

Accrual-basis taxpayers: These year-end tips could save you tax

November 28, 2017 8:23 pm

With the possibility that tax law changes could go into effect next year that would significantly reduce income tax rates for many businesses, 2017 may be an especially... (more)

Reduce your 2017 tax bill by buying business assets

November 14, 2017 3:56 pm

Two valuable depreciation-related tax breaks can potentially reduce your 2017 taxes if you acquire and place in service qualifying assets by the end of the tax year. Tax... (more)

November 2017 Newsletter

November 9, 2017 2:47 pm

Don’t miss our latest news! In this edition: 2017 Might Be Your Last Chance to Hire Veterans and Claim a Tax Credit How to Maximize Deductions for Business... (more)