Tax Breaks for Small Businesses: 5 Ways to Maximize Tax Savings
Whatever your business’s situation, taking full advantage of available tax breaks for small businesses — including temporary relief in response to the crisis — is critical.
Author: Andrew Litchford
Posts by Andrew Litchford
Selling a Business? Be Careful When Reporting to the IRS
If you’re considering buying or selling a business — or you’re in the process of an M&A transaction — it’s important that both parties report it to the IRS and state agencies in the same way.
The Value of a Small Business Valuation for your Business
If you own a business, it’s likely your most valuable asset. So it’s important to know its value. Find out with a small business valuation.
5 Critical Issues for Your Nonprofit’s Finance Committee
The role of a nonprofit’s finance committee is probably more important now than ever Here are some of the areas your finance committee should focus on.
National Small Business Week: 3 Tax Breaks for Small Businesses
This week is National Small Business Week! To commemorate the week, here are three tax breaks for small businesses to consider.
Claiming a Theft Loss Deduction for Embezzlement
A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count as theft? Find out in this post.
Am I Eligible for the ERC?
The ERC has been expanded and increased, but it’s also not too late for employers who are eligible for the ERC to amend their 2020 employment tax returns.
Why an Outsourced CFO may be What Your Business Needs to Grow
Working with an outsourced CFO has many benefits like lower operating costs, increased efficiency and reduced risk. Learn more in this article.
Tips to Prevent Fraud in the Workplace
To effectively combat fraud, you must understand what factors are conducive to fraud in the workplace. Here are some tips.
Biden’s Tax Proposals may Cause Increase in Audits
Biden’s tax proposals include an additional $80 billion in funding for the IRS. Some experts believe that audits of some small businesses will also increase.