Small Businesses Can Reimburse Employees for Health Costs Under a New Law
Starting in 2017, small businesses can reimburse employees for certain health insurance and other medical costs using a Qualified Small Employer Health Reimbursement Arrangement.
New Installment Agreement Fees Proposed by IRS
Under the proposed fee schedule, the highest fee will increase while new online options will offer discounts.
IRS Taxpayer Relief for Louisiana 2016 Storm Victims
The IRS has extended filing deadlines for certain individual and business tax returns for Louisiana storm victims.
Pension Plan Limits for 2017 Announced by IRS
The Internal Revenue Service released 2017 tax year cost of living adjustments for pension plans and other retirement-related items. Here is a summary of the more significant items for 2017.
What Does Trump’s Proposed Tax Plan Mean for Business?
Here are some of the sweeping changes proposed by President Trump.
IRS Announces Standard Mileage Rate For 2016 (Effective Jan 1, 2016)
The IRS lowered the standard mileage rate for business use of a vehicle for 2016.
What Deductions Were Extended or Made Permanent in the 2015 Tax Extenders Bill (the PATH Act)?
Find out about the most significant tax breaks for businesses and individuals that were made permanent or extended in the 2015 tax extenders bill.
50% Bonus Depreciation Extended Through 2019
This valuable deduction for business owners is available (with a gradual phase-out) until 2019.
Section 179 Tax Deduction Limits
An overview of Section 179 and bonus depreciation
IRS Tax Rates and Annual Adjustments for 2016
The IRS has released 2016 tax rate schedules and cost-of-living increases for several important tax items.
IRS Increases Standard Mileage Rate For 2015
The IRS has increased the business standard mileage rate for 2015.
Internet Sales Tax: New Legislation Pending
Find out what this new law would mean for online sellers.
IRS Grants Late Filing Penalty Relief for 2012 Returns
IRS waives late penalty for businesses and individuals filing new tax forms required under American Taxpayer Relief Act.
IRS Announces 2014 Standard Mileage Rates
Find out the 2014 business vehicle use deduction rate and how it can be used to reduce your business costs.
2014 Extenders Bill Restores Key Tax Incentives
Many business and personal tax incentives were extended for 2014 through tax extenders legislation approved by Congress.