small business related blog articles
Ordinarily, deductible business expenses include payments to settle disputes. But the IRS is clear that it will allow the deduction only if the argument arose from a business-related activity. When it comes to …
According to Notice 2022-44 from the IRS, various regulations outline the rules for using a per diem rate to substantiate the amount of ordinary and necessary business expenses paid or incurred …
When the financials of your company start expanding beyond basic accounting, you may find yourself in need of assistance when it comes to planning or analyzing your finances. If that’s …
On August 12, Congress passed the Inflation Reduction Act, over 700 pages of economic changes. What does the act do? And just as important, what does it not do? To start with …
It’s not always easy to figure out which home office write-offs are acceptable and which are not approved by the IRS. Below is a summary of the key provisions to …
If you are the owner of a small or midsize business who is looking toward retirement, this could be the time to start thinking about selling your company. Or maybe …
