Tax and Accounting Insights to Stay Ahead Year-Round

Under the IRS rules, a taxpayer is allowed to deduct expenses related to business use of a home, but only if the space is used...

As the holidays approach, it’s time to consider tax planning moves that will help lower your 2024 taxes, as well as set you up for tax...

To prepare for a business audit, an IRS examiner generally researches the specific industry and issues on the taxpayer’s return....

Now is a good time to consider year-end moves that can help reduce your business’s 2024 taxes. The effectiveness of a particular action...