The FFCRA requires employees who take leave or sick time due to COVID-19 to be reported separately to employees on Form W-2. Learn how to report them correctly.
The FFCRA requires employees who take leave or sick time due to COVID-19 to be reported separately to employees on Form W-2. Learn how to report them correctly.
The Employee Retention Credit (ERC) has been expanded until Dec. 31, 2021. Don’t assume your business is ineligible for the ERC.
Tax planning can help any business save money on taxes and minimize errors in tax filings. Here are some strategies to start tax planning.
With the rise of VRBO and Airbnb, allowing short-term rentals on a vacation home are becoming more popular. Here’s what you need to know about vacation home taxes.
The IRS recently released information on how to check eligibility, opt-in for non-filers, and opt-out of the advance child tax credit payments as part of the ARP.
The IRS is cracking down on cryptocurrency reporting on tax documents. Here's what you need to know to properly report gains and losses on your tax return.
Since the pandemic, the IRS has temporarily changed the tax-deductible amount allowed for some business meals to encourage increased sales at restaurants
Summer Reminder: Safe Harbor Rules for Rental Real Estate
Recent updates to 1031-exchange regulations provide new details on the definition of real property and incidental property and provide new means for testing fixtures involved in like-kind property exchanges.
Avoid these top audit triggers and make sure your business is following best practices to avoid an IRS audit this year.