Jan.9, 2024
A company car is a valuable perk but don’t forget about taxes
One of the most appreciated fringe benefits for owners and employees of small businesses is the use of a company car. Th...
Jan.8, 2024
The standard business mileage rate will be going up slightly in 2024
The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be...
Jan.7, 2024
New per diem business travel rates kicked in on October 1
Are employees at your business traveling and frustrated about documenting expenses? Or perhaps you’re annoyed at the tim...
Jan.2, 2024
A cost segregation study may cut taxes and boost cash flow
Is your business depreciating over 30 years the entire cost of constructing the building that houses your enterprise? If...
Dec.21, 2023
A refresher on the trust fund recovery penalty for business owners and executives
One might assume the term “trust fund recovery penalty” has something to do with estate planning. It’s important for bus...
Dec.21, 2023
New E-Filing Requirement for W-2s and 1099s
The IRS has issued a new e-filing requirement that businesses may not be aware of starting in 2023. Businesses – includi...