A landmark court ruling, Kwong v. United States, found that the IRS improperly assessed certain penalties and interest during the COVID-19 pandemic.
Continue readingIRS Penalties During the Pandemic Could Be Refundable
Take Advantage of Expanded QSB Stock Tax Benefits
Investors often look to small, emerging companies for portfolio diversification and growth potential, but these investments can offer more. Certain shares may also provide valuable tax advantages under the qualified small business (QSB) stock rules.
Continue readingMidyear Tax Review: Get Ahead of Next Tax Season
Life changes can affect your tax picture more than you might expect. Taking time now to review key areas can reduce the risk of certain penalties and uncover tax savings opportunities.
Continue readingReducing IRS Audit Risk for Small Businesses
When business owners think about risk, they often focus on market pressures or operational challenges. An IRS audit usually isn’t top of mind — but it can be costly, disruptive and time-consuming.
Continue readingHow an Educational Assistance Program Can Strengthen Your Company’s Benefits Package
If your business is like many today, you’re seeking more ways to attract and retain talent.
Continue readingEmployers Face New Limits on Meal Expense Deductions
Does your business provide complimentary on-site food and beverages for employees?
Continue reading