business travel

The Tax Implications of Owning a Corporate Aircraft

Ever wonder how much of a tax break you’d get if you bought a private plane for your business? Here are the basic rules. Continue Reading The Tax Implications of Owning a Corporate Aircraft

United States Capitol

U.S. House Passes the Build Back Better Act

The U.S. House of Representatives passed a crucial part of President Biden’s agenda by a vote of 220-213 on November 19. Continue Reading U.S. House Passes the Build Back Better Act

Businesses Can Show Appreciation — and Gain Tax Breaks — With Holiday Gifts and Parties

The holiday season is just around the corner. Your business may want to show its gratitude to employees and customers by giving gifts or hosting parties after a year of forgoing them due to the pandemic. Continue Reading Businesses Can Show Appreciation — and Gain Tax Breaks — With Holiday Gifts and Parties

Infrastructure Law Sunsets Employee Retention Credit Early

The Employee Retention Credit (ERC) was a valuable tax credit that helped employers survive the COVID-19 pandemic. A new law has retroactively terminated it before it was scheduled to end. Continue Reading Infrastructure Law Sunsets Employee Retention Credit Early

Many Factors are Involved When Choosing a Business Entity

Are you launching a business or thinking about changing your existing business entity? You’ll need to determine which entity works best for you. Continue Reading Many Factors are Involved When Choosing a Business Entity

Would You Like to Establish a Health Savings Account for Your Small Business?

With the increasing cost of employee health care benefits, your business may be interested in establishing an employer-sponsored Health Savings Account (HSA). Continue Reading Would You Like to Establish a Health Savings Account for Your Small Business?