by Brian Hare, CPA, CGMA | Nov 21, 2022 | Blog, Business, Tax
These days, most businesses buy or lease computer software to use in their operations. Or perhaps your business develops computer software to use in your products or services or sells or leases software to others. In any of these situations, you should be aware of the...
by Brian Hare, CPA, CGMA | Oct 24, 2022 | Blog, Business, Tax
Businesses can provide benefits to employees that don’t cost them much or anything at all. However, in some cases, employees may have to pay tax on the value of these benefits. Here are examples of two types of benefits which employees generally can exclude from...
by Brian Hare, CPA, CGMA | Oct 15, 2022 | Blog, Business, Tax
You and your small business are likely to incur a variety of local transportation costs each year. There are various tax implications for these expenses. First, what is “local transportation?” It refers to travel in which you aren’t away from your tax home (the city...
by Brian Hare, CPA, CGMA | Oct 6, 2022 | Blog, Tax
If you have a child or grandchild who’s going to attend college in the future, you’ve probably heard about qualified tuition programs, also known as 529 plans. These plans, named for the Internal Revenue Code section that provides for them, allow prepayment of higher...
by Brian Hare, CPA, CGMA | Sep 24, 2022 | Blog, Business, Tax
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all...
