News & Insights

The Kiddie Tax Could Affect Your Children Until They’re Young Adults

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The so-called “kiddie tax” can cause some of a child’s unearned income to be taxed at the parent’s higher marginal federal income tax rates instead of at the usually much […]

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Giving Gifts and Throwing Parties Can Help Show Gratitude and Provide Tax Breaks

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The holiday season is here. During this festive season, your business may want to show its gratitude to employees and customers by giving them gifts or hosting holiday parties. It’s […]

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Businesses: Do You Have to Comply With the New Corporate Transparency Reporting Rules?

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Your business may soon have to meet new reporting requirements that take effect on January 1, 2024. Under the Corporate Transparency Act (CTA), enacted in 2021, certain companies will be required […]

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IRS Delays New Reporting Rule for Online Payment Processors

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For the second consecutive year, the IRS has postponed implementation of a new rule that would have led to an estimated 44 million taxpayers receiving tax forms from payment apps and online […]

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5 Strategies to Cut Your Company’s 2023 Tax Bill

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As another year ends with interest rates and markets in flux, one thing remains certain: Reducing your company’s tax bill can improve your cash flow and your bottom line. Below […]

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