Business Valuator, Forensic/Litigation Support Accountant, and Accountant Consultants
Business Valuator, Forensic/Litigation Support Accountant, and Accountant Consultants

Tax

Blog tagged as Tax

Numerous tax limits affecting businesses have increased for 2020
How much can your employees contribute to 401(k) plans this year? How much do employees have to earn in 2020 before they can stop paying Social Security tax? Here are the answers to these and other questions about annual tax-related inflation adjustments affecting businesses.
03.02.20 01:57 PM - Comment(s)
Can you deduct charitable gifts on your tax return?
You may assume that if you make a charitable contribution to an eligible organization, you’ll receive a tax break for it. That may not be the case anymore. Here’s why.
29.01.20 02:49 PM - Comment(s)
4 new law changes that may affect your retirement plan
A new law might provide you with tax-saving opportunities related to your IRA or retirement plan.
21.01.20 01:31 PM - Comment(s)
Your home office expenses may be tax deductible
These days, many people work from home. But they don’t all qualify to deduct the expenses of a home office on their tax returns. Here are the basic rules.
10.01.20 01:40 PM - Comment(s)
2020 Q1 tax calendar: Key deadlines for businesses and other employers
Your business faces a variety of tax-related deadlines in the first quarter of 2020.
09.01.20 02:55 PM - Comment(s)
Do you have a side gig? Make sure you understand your tax obligations
These days, many people have side “gigs” to earn extra money. Find out more about the tax consequences of taking on these jobs.
08.01.20 11:33 AM - Comment(s)
Bartering: A taxable transaction even if your business exchanges no cash
Business owners have been engaging in bartering transactions for hundreds of years. But if your company trades goods or services today, be aware there are tax consequences.
18.12.19 01:44 PM - Comment(s)
Small businesses: Get ready for your 1099-MISC reporting requirements
Has your small business paid independent contractors, vendors or others at least $600 for services during 2019? Here are the reporting requirements you may face.
17.12.19 01:44 PM - Comment(s)
Using your 401(k) plan to save this year and next
Have you been contributing enough in 2019 to your employer’s 401(k) plan or Roth 401(k)? Here are the contribution limits for this year and the just-announced limit for 2020.
10.12.19 12:38 PM - Comment(s)
Using your 401(k) plan to save this year and next
Have you been contributing enough in 2019 to your employer’s 401(k) plan or Roth 401(k)? Here are the contribution limits for this year and the just-announced limit for 2020.
19.11.19 04:43 PM - Comment(s)