
How Savings Bonds Are Taxed
Do you own savings bonds? Here’s how the interest on the bonds is taxed.
Do you own savings bonds? Here’s how the interest on the bonds is taxed.
Many people started working from home during the pandemic and have continued working out of home offices. Some of them qualify for home office deductions, but unfortunately, not all of them do. Here are the rules.
Do you have a Health Savings Account at your business? Or are you interested in establishing one? Here are the contribution limits for next year, as compared with this year.
The tax-advantaged retirement plan contribution amounts will be much higher next year than they’ve been in recent years. The reason? Inflation. Find out how much can be saved in 401(k)s, SEP plans, IRAs and more.
Business owners and their employees may not have to pay Social Security tax on ALL of their wages. Amounts above a certain threshold aren’t subject to Social Security tax. Here’s how the 2023 “wage base” will affect your payroll.
Your business may provide low- or no-cost tax-free fringe benefits to employees. Here are the details of these benefits, along with a court case in which an employee was found to have received a taxable benefit but he didn’t include its value in his income.
The price of gas is going up again in some parts of the country. That may affect the tax deductions for local transportation costs that your small business can claim. Here’s what you can write off.
Getting contacted by the IRS and told your tax return is being audited may cause business owners to panic. But you’ll fare better if you understand IRS audits.
Many small businesses are in need of new employees and may get creative in their hiring. The Work Opportunity Tax Credit can help if you hire from certain targeted groups.
Here are four categories of financial ratios that can help you make better, more-informed decisions about your company’s financial future.
New lease accounting rules go into effect this year for private companies and nonprofits. Related-party leases continue to be a sticking point, but help may be coming soon.
Statistical tools, like Benford’s Law, can help your auditors work smarter. But it’s important to recognize the limits of these tools.
As businesses navigate the complexities of an everchanging economic landscape, often outsourcing accounting functions become a key strategy for maximizing efficiency, cutting costs, and accessing specialized expertise.
Download the Top 10 Outsourced Accounting Strategies for 2025 Now