Ideas & Insight

If you’re interested in purchasing energy-saving property for your home or an electric vehicle, you may qualify for a tax break under the new Inflation Reduction Act. Here are the basic rules.

Many businesses have a general idea of how strong their brands are, but they’re a little light on specifics. Conducting a brand audit can reveal key insights.

If you run a one-person small business, you might be able to build a bigger retirement nest egg with a solo 401(k) plan. Here are the basic rules.

Many people started working from home during the pandemic and have continued working out of home offices. Some of them qualify for home office deductions, but unfortunately, not all of them do. Here are the rules.

Business owners: If combining an employee retirement plan with a succession planning vehicle intrigues you, check out an ESOP.

A limited liability company can give you corporate-like protection from creditors while providing the benefits of taxation as a partnership. Can it work for you?

In some cases, a married couple files a joint tax return and one spouse is unaware of all the income of the other spouse. The spouse who is in the dark still must generally pay the tax bill even if the couple divorces. But there may be “innocent spouse” relief.

If your business wants to roll out a wellness program, or it already has one, be sure the initiative follows some best practices that other companies have learned over time.

Truckers and other owners of certain heavy highway vehicles must generally file a federal highway use tax return by August 31, 2022. The tax can be paid to the IRS by filing electronically or on a paper form. This article explains the basic details about the requirement.

Form 1095-C is filed with the IRS and provided to employees of “applicable large employers” who are full-time employees. Which employers are affected and what must they do?