Jul.6, 2022
Construction Leases: New Reporting Requirements are Here
In February 2016, the Financial Accounting Standards Board issued an accounting standards update codified under section ...
Jun.28, 2022
Vehicle expenses: Can individual taxpayers deduct them?
It’s not just businesses that can deduct vehicle-related expenses on their tax returns. Individuals also can deduct them...
Jun.21, 2022
Social Security benefits: Do you have to pay tax on them?
Some people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal governmen...
Jun.21, 2022
Establish a Tax-Favored Retirement Plan
If your business doesn’t already have a retirement plan, now might be a good time to take the plunge. Current retirement...
Jun.15, 2022
Checking in on Your Accounts Payable Processes
Accounts payable is a critical area of concern for every business. However, as a back-office function, it doesn’t always...
Jun.13, 2022
Standard Mileage Rates Increase
As gas prices continue to soar, the Internal Revenue Service (IRS) announced on June 9 an increase in the optional stand...