The standard business mileage rate increased in 2025
January 23, 2025 | Kimberly Cosens
The business mileage rate is increasing in 2025. Read this blog to find out by how much.
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When hiring, don’t overlook older workers
June 24, 2022 | Diane Krebs
If your business is competing for talent in today’s tight job market, be sure to consider the many merits and potential value of older applicants.
Five tax implications of divorce
June 23, 2022 | Diane Krebs
If you’re getting a divorce, you know it can be a difficult process. You don’t want to make it worse by making decisions that will cost you more in taxes. Here are five issues to consider.
Businesses will soon be able to deduct more under the standard mileage rate
June 22, 2022 | Ryan Burke, CPA, MSF
Business owners: Are high gas prices getting you down? The IRS is providing some relief by raising the optional standard mileage rate for the last six months of 2022.
Checking in on your accounts payable processes
June 21, 2022 | Ryan Burke, CPA, MSF
No matter how big or small the business, properly managing accounts payable is critical. Here are some fundamentals to review.
Your estate plan: Don’t forget about income tax planning
June 21, 2022 | Paula Kennedy, EA
With the federal estate tax exemption currently so large, you may want to devote more time to saving income taxes for your heirs.
Is your corporation eligible for the dividends-received deduction?
June 20, 2022 | Megan Kosciolek, MST
The “dividends-received deduction” may take some of the bite out of a C corporation’s tax bill. Here’s how.
Simple ways to make strategic planning a reality
June 16, 2022 | Brian Hare, CPA, CGMA
Every business needs to regularly engage in productive strategic planning. But that’s easier said than done. Let’s take a step back and simplify.
Help when needed: Apply the research credit against payroll taxes
June 16, 2022 | Akila Sivakumar
Small businesses and start-ups engaging in research activities: Here’s a way to save on payroll taxes.
Businesses: Prepare for the lower 1099-K filing threshold
June 16, 2022 | Paula Kennedy, EA
Starting with the 2022 tax year, filing and receiving 1099-K forms will be much more complicated for many businesses and self-employed individuals.
Calculating corporate estimated tax
June 13, 2022 | Brian Hare, CPA, CGMA
An important deadline is coming up for quarterly federal estimated tax payments. Here are four methods for corporations to compute them.