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Category: IRS

It’s Almost That Time Of Year Again! If You’re Not Ready, File For An Extension

Posted on April 10, 2022June 17, 2022

The clock is ticking down to the April 18 tax filing deadline. Sometimes, it’s not possible to gather your tax information and file by the due date. If you need […]

Posted in IRS, Personal Taxes

Fully Deduct Business Meals This Year

Posted on April 5, 2022April 5, 2022

The federal government is helping to pick up the tab for certain business meals. Under a provision that’s part of one of the COVID-19 relief laws, the usual deduction for […]

Posted in COVID-19, Deductions, IRS, Regulation, Small Business, TCJA (Tax Cuts & Jobs Act)Tagged business meal deductions, business meals, tax deduction for meals at work

2022 Q2 Tax Calendar: Key Deadlines For Businesses And Other Employers

Posted on April 4, 2022June 17, 2022

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2022. Keep in mind that this list isn’t all-inclusive, so […]

Posted in IRS, Planning, Small Business, Tax

Keeping Meticulous Records Is The Key To Tax Deductions And Painless IRS Audits

Posted on March 21, 2022March 22, 2022

If you operate a business, or you’re starting a new one, you know you need to keep records of your income and expenses. Specifically, you should carefully record your expenses […]

Posted in Deductions, GAAP, IRS, Planning, Records Retention, Small BusinessTagged Deductible Expenses, Record Keeping

Smooth Sailing: Tips To Speed Processing And Avoid Hassles This Tax Season

Posted on March 14, 2022March 14, 2022

The IRS began accepting 2021 individual tax returns on January 24. If you haven’t prepared yet for tax season, here are three quick tips to help speed processing and avoid […]

Posted in IRS, Personal Taxes

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The articles in this blog are published with the understanding that the authors are not rendering legal, accounting or other professional advice or opinions on specific facts or matters, and, accordingly, assume no liability whatsoever in connection with its use.

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