Business Tax Articles
Posted by Jonathan Herdlein on August 16, 2021
Certain types of businesses receive large payments of cash. They may be required to report the transactions to the IRS. Here are the rules.
Posted by Amanda Ornowski on August 03, 2021
There are several options for operating your small business. For example, a sole proprietorship, an S corporation or a partnership. Take a look at why a limited liability company (LLC) might be right for you.
Posted by Kevin Smeader on July 27, 2021
If you spend money personally on behalf of your closely held corporation, you want to make sure either you or the business can deduct the expense. Here are the rules.
Posted by Megan Morris on July 26, 2021
If you received a PPP loan, important forgiveness deadlines are approaching. Are you ready?
Posted by Kerry Roets on July 16, 2021
The IRS will impose the “Trust Fund Recovery Penalty” on certain business owners and managers personally if employment taxes aren’t paid to the government. Find out if you could be liable.