TaxesJames B. Biagi The Estate Tax: Unpacking the Current State of PlayWhere this often-debated tax stands for 2020, and how to plan for the future.
SafeguardsDiana Ransom The Good, the Bad, and the Ugly of PPP Loan Forgiveness DelaysSome banks aren't even ready to process PPP loan forgiveness applications--nearly a month after the SBA program launched. Why that's going to put a lot of business owners in a bind.
TaxesEric J. Allen 3 Key Takeaways From Donald Trump's Tax ReturnsThe president's returns show a lot of issues. Here are some of the biggest.
TaxesDiana Ransom Why Businesses Should Ignore Trump's Payroll Tax HolidayThe president signed a series of executive orders that are supposed to help Americans. But for business owners, they're another headache to handle.
TaxesJames B. Biagi How Remote Work Changes Your State Income Tax People who live in one state and work in another pay taxes in both. But what happens when you only work from home?
TaxesJames B. Biagi How to Get an IRS Payment PlanFederal taxes are due July 15. Here's how to get a payment plan from the federal government.
SafeguardsJames B. Biagi PPP Loan Forgiveness: What You Need to KnowTake these steps to ensure you're complying with the law.
TaxesJames B. Biagi How the Cares Act Changes Charitable Contribution RulesYour donations to help Covid-related causes can be tax deductible. Here's what you need to know.
TaxesCarrie McKeegan Self-Employed? How to Get a Tax Break on Your New Home OfficeSpent money on a new home office this year? Freelancers and entrepreneurs can use this tax deduction to save on remote work expenses.
TaxesJames B. Biagi Using Retirement Funds to Cover Covid Financial LossesThinking about taking a withdrawal from your retirement plan to cover expenses? Some things to consider.
TaxesJames B. Biagi Be Careful With Cares Act Taxes The Cares Act allows for delay of federal payroll tax payments, but you will still have to make them at some point. Be sure you keep that cash on hand.
Covid Resource CenterEmily Canal You Now Have Until July 15 to File Your Taxes. Here's What Else You Need to KnowThe IRS offers new filing guidelines meant to provide clarity for its historic tax delay. Here's everything you need to know about what it means for your individual and corporate filings.
Cash FlowMartin Crutsinger Many Businesses Can Now Delay Paying 2019 Taxes for 90 Days Past the April 15 DeadlineCorporations will be able to defer payment on up to $10 million and individuals will be able to delay paying up to $1 million in payments.
TaxesBridgette Austin Your Ultimate Guide to Tax Write OffsReview these tax write-offs prior to filing your taxes to save yourself some cash.
TechnologyJason Aten Facebook Is Preparing for a $9 Billion Showdown With the IRSA nearly decade-long battle is about to end up in court, and the outcome could have a dramatic impact on both parties.
TaxesDustin McKissen Rust Belt? What Rust Belt? Northwestern Pennsylvania Recognized as Top Urban Opportunity ZoneOpportunity Zones have brought investment capital, and hope, to economically challenged communities across America.
Icons & InnovatorsMinda Zetlin Amazon Says It Will Pay $1 Billion in Federal Income Tax ... SomedayYou don't pay taxes before you have to, and Amazon doesn't either.
TaxesGene Hammett 4 Common Small Business Tax Mistakes and How to Avoid ThemTaxes strike fear in many entrepreneurs, but what you don't know could hurt you in 2020.
TaxesCarrie McKeegan Attention, Online Retailers: This Supreme Court Ruling Makes Tracking Sales Tax a Nightmare. Here's How to Get ByThe South Dakota v. Wayfair court decision has made tracking sales tax almost impossible for small business owners. Here's how they can survive.
TaxesSharon Poczter Why the Wealth Tax Would Almost Assuredly Slow Startup Growth in AmericaThis buzzy new tax policy is too radioactive to take seriously. But that's not stopping politicians from running with it.
TaxesMinda Zetlin The New IRS W-4 Form Asks Intrusive Questions Your Employees Won't Want to AnswerThose who want to keep that information private have some options.
Cash FlowCarrie McKeegan How to Avoid Common Tax Withholding Mistakes in 2020Review your withholding before the new year to set yourself up for financial success in 2020, avoid penalties, and have extra income to invest.
TaxesGene Marks 5 Tax Moves for 2019 Every Small Business Should Make Right NowHey, it's only 20 to 30 percent of your income, right? No biggie, right?
Cash FlowJoyce M. Rosenberg 3 Purchases or Investments You Can Make to Save Money on Your Business TaxesAny big expenditure should be made because it fits with your ongoing business strategy.
TaxesCarrie McKeegan Everything You Need to Know About 2020 Tax DeadlinesSmall business owners and CEOs can use this guide to keep all the tax forms and deadlines for 2020 in one spot.
TaxesErik Sherman California Finds a New Way to Hurt Entrepreneurs (Besides AB5)Sure, the state wants to make more money. Don't we all? But this is utterly unfair and unreasonable.
TaxesKen Boyd Everything You Need to Know About Paying FICA Taxes as a Self-Employed PersonEveryone pays both FICA taxes and income taxes, but the process is more complicated for the self-employed business owner.
MoneyBenjamin Hardy, Ph.D. This Tax Strategy Can Save Entrepreneurs a Lot of Money and Build Their ConfidenceOver an entrepreneur's lifetime, taxes are one of the biggest expenses. Yet many entrepreneurs don't do much in the way of tax planning.
TaxesMinda Zetlin 15 Percent Tariffs on Consumer Goods From China Start Today. iPhones, Apparel, Milk Are All AffectedMore tariffs are scheduled for December 15.
TaxesCarrie McKeegan Everything You Need to Know About Employee Tax FormsSmall business owners should understand W-9, W-8, W-8BEN, and other employee status self-certification forms in order to avoid problems with the IRS.
TaxesCarrie McKeegan Wondering Where to Incorporate Your Business? Consider These 2 StatesEntrepreneurs may want to operate out-of-state, and Delaware and Wyoming are two of the most tempting states for incorporation.
TaxesSuzanne Lucas Welcome to Tax Hell, Little Earl of SussexPrince Harry and Meghan, Duchess of Sussex's new baby has been cursed by the tax fairy.
TaxesGene Marks The 6 Best 2019 Tax Moves for Your Businesstaxes, tax reform, section 179, capital expenses, small business, work opportunity tax credit, research and development tax credit, estimated taxes, education expenses, tuition expense, 401k,
StrategyMalak Saleh 5 Expert Tips For Protecting Against Tax-Related CybercrimeHere's how to get a head start on protecting your company from future tax-related cybercrime.
TaxesBill Murphy Jr. How Do Some Rich Americans Avoid the High Taxes Their Neighbors Pay? They Pass the 'Teddy Bear Test'Especially this year.
Personal FinanceBobby Lee 4 Things to Do If You're Hit With a Surprise Bill This Tax SeasonIf you end up owing money to the IRS, you have options.
TaxesCarrie McKeegan Tax Reform: What You Need to Know About a Common Business DeductionTax reform eliminated some business expense deductions that small business owners rely on. Here's how to maintain your client engagement and budget.
Personal FinanceMia Taylor Done Filing Your Taxes? Great. Now Do This 1 Important ThingIf you haven't looked at your withholdings in a while, now's the time.
TaxesLance Cothern 4 Common Misconceptions About Taxes, DebunkedEven if you're hiring a professional to do your taxes, it's important to understand a few things about how they work.
TaxesCarrie McKeegan Taxes for Business Owners Are More Complicated Than Ever. Here's What You Need to KnowSmall business owners can avoid tax reform confusion this tax season with a few simple tips and resources.
Tax Guide Business OwnersBarbara Weltman The Ultimate Guide to the New Tax Law for Business OwnersDon't miss out on tax breaks and other ways to minimize your tax bill. Review this rundown of the major changes in store for business owners in the Tax Cuts and Jobs Act of 2017.
TaxesBarbara Weltman At Tax Time, How to Weigh the Benefits of a C Corp vs. an S Corp vs. an LLC vs. a Sole ProprietorshipEach entity has its pros and cons. And taxes may not be your main consideration.
TaxesBarbara Weltman 5 Essential Tax Differences That Separate C and S Corporation FilingsThe Tax Cuts and Jobs Act created new rules that are unique to S corporations and others that are unique to C corporations.
TaxesBarbara Weltman The New Tax Law Has Some Business Owners Ending Their S Election. Should You?Much depends on your specific situation, so weigh the issues, then check with your tax adviser.
TaxesBarbara Weltman 4 Big Changes in Tax Rules for C CorporationsYou'll want to review these changes to avoid tax penalties.
TaxesBarbara Weltman New Limits on Interest Deductions May Make That Business Loan Less AttractiveRules under the Tax Cuts and Jobs Act may make you reconsider whether borrowing money is your best option.
TaxesBarbara Weltman New Limit on $1 Million Executive Pay Deductions Under the 2017 Tax LawThe rules on excessive compensation have changed, and you may have more covered employees than last year.
TaxesBarbara Weltman The Alternative Minimum Tax Is No More. Here's the 'But'Owners of C corporations will want to know what to do with unused minimum tax credits.
TaxesBarbara Weltman The Corporate Tax Rate Dropped. But You Could Owe More AnywayWhile the corporate tax rate fell to a flat 21 percent, not everyone is happy.
Tax ReturnsLaura Woods Just Got Your Tax Refund? Here's How You Should (and Shouldn't) Spend ItWhatever you do, don't give yourself new debt.
TaxesBarbara Weltman How Write-Offs and Deductions for Losses Will Change Under the New Tax RulesOwn a small business? It's time to get up to speed on the new federal tax law's impact.
TaxesBarbara Weltman Real Estate Investors Expecting the 20 Percent Tax Deduction Under the New Tax Law Might Be DisappointedWhen it comes to property, determining what constitutes a trade or business isn't always easy.
Tax ReturnsJoshua Johnstun Got Your Tax Refund Already? Here Are 5 Ways to Reinvest It in Your BusinessWhether it's paying off debt or taking your employees out to lunch, it's worth spending that extra cash on your business.
TaxesJoyce M. Rosenberg These 4 Popular Business Deductions Are Disappearing or Being Reduced Under New Tax LawExpenses like client outings and benefits such as employees' mass transit fees will not be treated the same under new tax law.
Tax ReturnsJamie Friedlander 7 Common Reasons to Hire Someone to Do Your TaxesIf one of these things applies to you, consider using a professional to file your return.
