R&D Tax Incentives: Prepare for Rule Changes The ability to deduct research and development (R&D) costs as a current business expense, rather than treat them as a… More on this story
Large cash business transactions must be reported to the IRS If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to… More on this story
NIL Deals: The Do’s and Don’ts When it Comes to Taxes More and more college athletes are earning money from what is known as NIL deals. Ever since the NCAA officially… More on this story
Microcaptive Insurance Plans: Some Transactions Draw IRS Scrutiny Many businesses form wholly owned captive insurance companies for legitimate risk management purposes and to take advantage of potential tax… More on this story
When is employer-provided life insurance taxable? If your company benefits include group term life insurance paid by your employer, a portion of the premiums paid for… More on this story
The Upcoming Ohio Sales Tax Holiday Ohio is offering a sales tax holiday again this year! Mark your calendars for Friday, August 6, 2021 at 12:00… More on this story
Update on the Inflation Reduction Act of 2022 & the FY2022 Budget Reconciliation Bill We are monitoring developments regarding a vote that will take place in the Senate next week. The vote relates to… More on this story
Tax Deadlines for Q3 of 2022 The third quarter of 2022 brings about a handful of tax deadlines that business owners need to be aware of…. More on this story
The Employee Retention Tax Credit: Uncertainties and Risks Still Linger Although most COVID-19 relief programs have expired, many taxpayers are still sorting through lingering questions about their eligibility for various… More on this story
Medicare Premiums: They Could Lower your Taxes Do you pay premiums for Medicare health insurance? If so, you may be able to combine them with other qualifying… More on this story
