The Infrastructure Investment and Jobs Act (IIJA) was signed into law on November 15, 2021. It includes new information reporting requirements that will generally apply… Read More »New digital asset reporting requirements will be imposed in coming years
Don’t let the holiday rush keep you from considering some important steps to reduce your 2021 tax liability. You still have time to execute a… Read More »Small businesses: There still may be time to cut your 2021 taxes
In Notice 2021-61, the IRS recently announced 2022 cost-of-living adjustments to dollar limits and thresholds for qualified retirement plans. Here are some highlights: Elective deferrals.… Read More »IRS announces adjustments to key retirement plan limits
The Employee Retention Credit (ERC) was a valuable tax credit that helped employers survive the COVID-19 pandemic. A new law has retroactively terminated it before… Read More »Infrastructure law sunsets Employee Retention Credit early
With Thanksgiving just around the corner, the holiday season will soon be here. At this time of year, your business may want to show its… Read More »Businesses can show appreciation — and gain tax breaks — with holiday gifts and parties
Do you have a tax-saving flexible spending account (FSA) with your employer to help pay for health or dependent care expenses? As the end of… Read More »Remember to use up your flexible spending account money
Every business should prepare an annual budget. Creating a comprehensive, realistic spending plan allows you to identify potential shortages of cash, possible constraints on your… Read More »4 red flags of an unreliable budget
Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work best… Read More »Many factors are involved when choosing a business entity
With the increasing cost of employee health care benefits, your business may be interested in providing some of these benefits through an employer-sponsored Health Savings… Read More »Would you like to establish a Health Savings Account for your small business?
As we approach the holidays, many people plan to donate to their favorite charities or give money or assets to their loved ones. Here are… Read More »Feeling generous at year end? Strategies for donating to charity or gifting to loved ones
It’s understandable and indeed critical to focus a marketing campaign on the strengths and distinctive benefits of the products or services in question. However, something… Read More »Competitive intelligence can give your marketing campaigns an edge
Are you considering a move to another state when you retire? Perhaps you want to relocate to an area where your loved ones live or… Read More »Factor in taxes if you’re relocating to another state in retirement