The Consolidated Appropriations Act, 2021 (CAA), signed into law on December 27, 2020, changed some important rules impacting various employee benefits for 2021. With ...

This year has been a very difficult one for small business owners. Some tax rules have made it a little easier to defer some taxes ...

Working from home—full time or occasionally—has become the norm for many business owners. It’s been my norm for more than 35 years. And with the ...

When you’re in business, you kind of assume that all of your expenses are fully deductible. But this assumption is wrong. The tax law imposes ...

To paraphrase Bob Dylan, the rules are a-changin’ and businesses should prepare for new government rules and regulations. Here are some things to look for ...

Here are some business and tax rules unique to veterans. Veterans Day, November 11, is a federal holiday that has come to be a day ...

It is commonly accepted wisdom that tax rules are complicated. This belief is well supported by the conflicting tax rules that apply to business owners, ...

The Tax Cuts and Jobs Act dramatically increased the dollar limit on first-year expensing (the Section 179 deduction) for the purchase of equipment and other ...

The Tax Cuts and Jobs Act of 2017 made a variety of favorable changes in the rules for deducting the cost of buying certain items ...

On December 20, 2017, Congress passed the largest piece of tax legislation in many years. It makes dramatic changes for individuals and businesses. But it ...