tax tips Tag

What word other than “unprecedented” can be used to describe the events we’ve experienced this year? During such times, tax planning is far from top of mind. But it’s still...

The S corporation continues to be a popular entity choice, combining the liability protection of a corporation with many of the tax benefits of a partnership. But these benefits come...

Small businesses enjoy several tax advantages that may allow them to reduce their tax bills, defer taxes and simplify the reporting process. Until recently, federal tax rules generally defined “small...

On Sept. 30, 2020, the IRS issued final regulations that provide guidance for meal and entertainment deductions under section 274 of the Internal Revenue Code. The following is a general...

If you are reading this, that means you’ve survived what will be one of the most interesting years in your life! This year has brought changes to the way we...

(authored by RSM US LLP) With the election approaching, RSM is looking at the economic stakes and the key issues for various industries....

Authored by the Internal Revenue Service: IR-2020-183, August 18, 2020 This week the IRS will send interest payments to about 13.9 million individual taxpayers who timely filed their 2019 federal income...