News & Insights
Maximize the QBI Deduction Before It’s Gone
March 13th, 2024
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Business Tax Services |
Tax
The qualified business income (QBI) deduction is available to eligible businesses through 2025. After that, it’s scheduled to disappear. So if you’re eligible, you want to make the most of […]
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Better Tax Break When Applying the Research Credit Against Payroll Taxes
March 6th, 2024
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Tax |
Tax Credits
The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break available to certain eligible small businesses. Claiming the credit […]
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Independent Contractor vs. Employee Status: The DOL Issues New Final Rule
March 5th, 2024
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Business Tax Services |
Tax
The U.S. Department of Labor’s (DOL’s) test for determining whether a worker should be classified as an independent contractor or an employee for purposes of the federal Fair Labor Standards […]
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9 Tax Considerations if You’re Starting a Business as a Sole Proprietor
February 16th, 2024
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Business Tax Services |
Tax
When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need to understand the tax issues involved. Here […]
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Get Ready for the 2023 Gift Tax Return Deadline
February 15th, 2024
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Tax
Did you make large gifts to your children, grandchildren or others last year? If so, it’s important to determine if you’re required to file a 2023 gift tax return. In […]