Small business owners: A SEP may give you one last 2017 tax and retirement saving opportunity
Are you a high-income small-business owner who doesn’t currently have a tax-advantaged retirement plan set up for yourself? A SimplifiedRead more.
Families with college students may save tax on their 2017 returns with one of these breaks
Whether you had a child in college (or graduate school) last year or were a student yourself, you may beRead more.
Turning employee ideas into profitable results
Many businesses train employees how to do their jobs and only their jobs. But amazing things can happen when youRead more.
Claiming bonus depreciation on your 2017 tax return may be particularly beneficial
With bonus depreciation, a business can recover the costs of depreciable property more quickly by claiming additional first-year depreciation forRead more.
TCJA temporarily lowers medical expense deduction threshold
With rising health care costs, claiming whatever tax breaks related to health care that you can is more important thanRead more.
Business interruption insurance can help some companies
Natural disasters and other calamities can affect any company at any time. Depending on the type of business and itsRead more.
2 tax credits just for small businesses may reduce your 2017 and 2018 tax bills
Tax credits reduce tax liability dollar-for-dollar, potentially making them more valuable than deductions, which reduce only the amount of incomeRead more.
State and local sales tax deduction remains, but subject to a new limit
Individual taxpayers who itemize their deductions can deduct either state and local income taxes or state and local sales taxes.Read more.
Light a beacon to your business with a mission statement
Every company, big or small, should have a mission statement. Why? When carefully conceived and well written, a mission statementRead more.