Sales and registrations of electric vehicles (EVs) have increased dramatically in the U.S. in 2022, according to several sources. However, while they’re still a small… Read More »Interested in an EV? How to qualify for a powerful tax credit
Properly documented and handled change orders can mean more profitable jobs for construction companies. When the process doesn’t go smoothly, however, you risk not getting… Read More »5 change-order pitfalls construction companies should avoid
Although merger and acquisition activity has been down in 2022, according to various reports, there are still companies being bought and sold. If your business… Read More »How do taxes factor into an M&A transaction?
If you’ve recently begun receiving disability income, you may wonder how it’s taxed. The answer is: It depends. The key issue is: Who paid for… Read More »How disability income benefits are taxed
Like many businesses, yours has probably jumped aboard the cloud computing bandwagon … or “skywagon” as the case may be. How’s that going? Some business… Read More »Is your cloud provider still meeting your company’s needs?
Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2022. Keep in mind that this list… Read More »2022 Q3 tax calendar: Key deadlines for businesses and other employers
It’s not just businesses that can deduct vehicle-related expenses on their tax returns. Individuals also can deduct them in certain circumstances. Unfortunately, under current law,… Read More »Vehicle expenses: Can individual taxpayers deduct them?
Is your business hiring? Many companies are — in fact, an employment report released by the U.S. Department of Labor earlier this month revealed that… Read More »When hiring, don’t overlook older workers
Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The average nationwide price of a… Read More »Businesses will soon be able to deduct more under the standard mileage rate
Are you in the early stages of divorce? In addition to the tough personal issues that you’re dealing with, several tax concerns need to be… Read More »Five tax implications of divorce
Accounts payable is a critical area of concern for every business. However, as a back-office function, it doesn’t always get the attention it deserves. Once… Read More »Checking in on your accounts payable processes
There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed to reduce or eliminate an extra… Read More »Is your corporation eligible for the dividends-received deduction?