Blog Post

Arkansas Employer Support of the Guard and Reserve, a Department of Defense program, presented Landmark CPAs with the ESGR Pro Patria Award in recognition of the extraordinary support of employees who serve in the Guard and Reserve. The esteemed recognition is the highest-level award that may be bestowed by an ESGR State Committee. The award

Claiming significant first-year depreciation tax deductions for eligible real estate expenditures may be an option for your business, allowing you to accelerate deductions rather than spreading them out over multiple years. However, this decision is not as straightforward as it may appear, as there are important factors to consider. Qualified Improvement Property (QIP) For assets

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

There’s no easy way to determine reasonable compensation. Here are some steps you can take to make it more likely that the compensation you earn will be considered “reasonable.”

As a business owner, you should be aware that you can save family income and payroll taxes by hiring your child.

Nonprofits must manage their financial and accounting records even though they are not subject to income tax. This includes preparing financial statements, collecting payroll taxes, projecting budgets and tracking performance. If nonprofit accounting procedures are not monitored, they can become inefficient over time. Here are some suggestions for policies that your nonprofit should review on

Nowadays, the majority of companies have some intangible assets. These assets’ tax treatment may be complicated. What makes intangible assets so complex? According to IRS regulations, costs that must be capitalized include: Acquiring or creating an intangible asset, Creating or enhancing a separate, distinct intangible asset, Creating or enhancing a “future benefit” identified in IRS

The Tax Cuts and Jobs Act (TCJA) imposed a new limitation on deductions of business interest expense by certain companies. And the limit, found in Section 163(j) of the Internal Revenue Code, became even more restrictive in 2022 — especially for capital-intensive businesses. As a business owner, you should determine whether the deduction limitation applies

Which assets cannot be depreciated? As a business owner, it’s important to know which assets can — and cannot — be depreciated in order to properly calculate your tax obligations.

Businesses can often write off marketing and advertising expenses that keep current clients and attract new ones. However, advertising and marketing costs must be “ordinary and necessary” in order to be deducted. Not all expenses are allowed to be deducted, as one taxpayer recently discovered in U.S. Tax Court. An ordinary expense is one that’s

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.

Many businesses like restaurants, hotels and salons employ workers who earn tips as part of their pay. Here are the responsibilities of both the employee and the employer if you have tipped workers.

Arkansas Employer Support of the Guard and Reserve, a Department of Defense program, presented Landmark CPAs with the ESGR Pro Patria Award in recognition of the extraordinary support of employees who serve in the Guard and Reserve. The esteemed recognition is the highest-level award that may be bestowed by an ESGR State Committee. The award

Claiming significant first-year depreciation tax deductions for eligible real estate expenditures may be an option for your business, allowing you to accelerate deductions rather than spreading them out over multiple years. However, this decision is not as straightforward as it may appear, as there are important factors to consider. Qualified Improvement Property (QIP) For assets

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

There’s no easy way to determine reasonable compensation. Here are some steps you can take to make it more likely that the compensation you earn will be considered “reasonable.”

As a business owner, you should be aware that you can save family income and payroll taxes by hiring your child.

Nonprofits must manage their financial and accounting records even though they are not subject to income tax. This includes preparing financial statements, collecting payroll taxes, projecting budgets and tracking performance. If nonprofit accounting procedures are not monitored, they can become inefficient over time. Here are some suggestions for policies that your nonprofit should review on

Nowadays, the majority of companies have some intangible assets. These assets’ tax treatment may be complicated. What makes intangible assets so complex? According to IRS regulations, costs that must be capitalized include: Acquiring or creating an intangible asset, Creating or enhancing a separate, distinct intangible asset, Creating or enhancing a “future benefit” identified in IRS

The Tax Cuts and Jobs Act (TCJA) imposed a new limitation on deductions of business interest expense by certain companies. And the limit, found in Section 163(j) of the Internal Revenue Code, became even more restrictive in 2022 — especially for capital-intensive businesses. As a business owner, you should determine whether the deduction limitation applies

Which assets cannot be depreciated? As a business owner, it’s important to know which assets can — and cannot — be depreciated in order to properly calculate your tax obligations.

Businesses can often write off marketing and advertising expenses that keep current clients and attract new ones. However, advertising and marketing costs must be “ordinary and necessary” in order to be deducted. Not all expenses are allowed to be deducted, as one taxpayer recently discovered in U.S. Tax Court. An ordinary expense is one that’s

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.

Many businesses like restaurants, hotels and salons employ workers who earn tips as part of their pay. Here are the responsibilities of both the employee and the employer if you have tipped workers.

Arkansas Employer Support of the Guard and Reserve, a Department of Defense program, presented Landmark CPAs with the ESGR Pro Patria Award in recognition of the extraordinary support of employees who serve in the Guard and Reserve. The esteemed recognition is the highest-level award that may be bestowed by an ESGR State Committee. The award

Claiming significant first-year depreciation tax deductions for eligible real estate expenditures may be an option for your business, allowing you to accelerate deductions rather than spreading them out over multiple years. However, this decision is not as straightforward as it may appear, as there are important factors to consider. Qualified Improvement Property (QIP) For assets

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

There’s no easy way to determine reasonable compensation. Here are some steps you can take to make it more likely that the compensation you earn will be considered “reasonable.”

As a business owner, you should be aware that you can save family income and payroll taxes by hiring your child.

Nonprofits must manage their financial and accounting records even though they are not subject to income tax. This includes preparing financial statements, collecting payroll taxes, projecting budgets and tracking performance. If nonprofit accounting procedures are not monitored, they can become inefficient over time. Here are some suggestions for policies that your nonprofit should review on

Nowadays, the majority of companies have some intangible assets. These assets’ tax treatment may be complicated. What makes intangible assets so complex? According to IRS regulations, costs that must be capitalized include: Acquiring or creating an intangible asset, Creating or enhancing a separate, distinct intangible asset, Creating or enhancing a “future benefit” identified in IRS

The Tax Cuts and Jobs Act (TCJA) imposed a new limitation on deductions of business interest expense by certain companies. And the limit, found in Section 163(j) of the Internal Revenue Code, became even more restrictive in 2022 — especially for capital-intensive businesses. As a business owner, you should determine whether the deduction limitation applies

Which assets cannot be depreciated? As a business owner, it’s important to know which assets can — and cannot — be depreciated in order to properly calculate your tax obligations.

Businesses can often write off marketing and advertising expenses that keep current clients and attract new ones. However, advertising and marketing costs must be “ordinary and necessary” in order to be deducted. Not all expenses are allowed to be deducted, as one taxpayer recently discovered in U.S. Tax Court. An ordinary expense is one that’s

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.

Many businesses like restaurants, hotels and salons employ workers who earn tips as part of their pay. Here are the responsibilities of both the employee and the employer if you have tipped workers.

Arkansas Employer Support of the Guard and Reserve, a Department of Defense program, presented Landmark CPAs with the ESGR Pro Patria Award in recognition of the extraordinary support of employees who serve in the Guard and Reserve. The esteemed recognition is the highest-level award that may be bestowed by an ESGR State Committee. The award

Claiming significant first-year depreciation tax deductions for eligible real estate expenditures may be an option for your business, allowing you to accelerate deductions rather than spreading them out over multiple years. However, this decision is not as straightforward as it may appear, as there are important factors to consider. Qualified Improvement Property (QIP) For assets

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

There’s no easy way to determine reasonable compensation. Here are some steps you can take to make it more likely that the compensation you earn will be considered “reasonable.”

As a business owner, you should be aware that you can save family income and payroll taxes by hiring your child.

Nonprofits must manage their financial and accounting records even though they are not subject to income tax. This includes preparing financial statements, collecting payroll taxes, projecting budgets and tracking performance. If nonprofit accounting procedures are not monitored, they can become inefficient over time. Here are some suggestions for policies that your nonprofit should review on

Nowadays, the majority of companies have some intangible assets. These assets’ tax treatment may be complicated. What makes intangible assets so complex? According to IRS regulations, costs that must be capitalized include: Acquiring or creating an intangible asset, Creating or enhancing a separate, distinct intangible asset, Creating or enhancing a “future benefit” identified in IRS

The Tax Cuts and Jobs Act (TCJA) imposed a new limitation on deductions of business interest expense by certain companies. And the limit, found in Section 163(j) of the Internal Revenue Code, became even more restrictive in 2022 — especially for capital-intensive businesses. As a business owner, you should determine whether the deduction limitation applies

Which assets cannot be depreciated? As a business owner, it’s important to know which assets can — and cannot — be depreciated in order to properly calculate your tax obligations.

Businesses can often write off marketing and advertising expenses that keep current clients and attract new ones. However, advertising and marketing costs must be “ordinary and necessary” in order to be deducted. Not all expenses are allowed to be deducted, as one taxpayer recently discovered in U.S. Tax Court. An ordinary expense is one that’s

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.

Many businesses like restaurants, hotels and salons employ workers who earn tips as part of their pay. Here are the responsibilities of both the employee and the employer if you have tipped workers.

Arkansas Employer Support of the Guard and Reserve, a Department of Defense program, presented Landmark CPAs with the ESGR Pro Patria Award in recognition of the extraordinary support of employees who serve in the Guard and Reserve. The esteemed recognition is the highest-level award that may be bestowed by an ESGR State Committee. The award

Claiming significant first-year depreciation tax deductions for eligible real estate expenditures may be an option for your business, allowing you to accelerate deductions rather than spreading them out over multiple years. However, this decision is not as straightforward as it may appear, as there are important factors to consider. Qualified Improvement Property (QIP) For assets

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

There’s no easy way to determine reasonable compensation. Here are some steps you can take to make it more likely that the compensation you earn will be considered “reasonable.”

As a business owner, you should be aware that you can save family income and payroll taxes by hiring your child.

Nonprofits must manage their financial and accounting records even though they are not subject to income tax. This includes preparing financial statements, collecting payroll taxes, projecting budgets and tracking performance. If nonprofit accounting procedures are not monitored, they can become inefficient over time. Here are some suggestions for policies that your nonprofit should review on

Nowadays, the majority of companies have some intangible assets. These assets’ tax treatment may be complicated. What makes intangible assets so complex? According to IRS regulations, costs that must be capitalized include: Acquiring or creating an intangible asset, Creating or enhancing a separate, distinct intangible asset, Creating or enhancing a “future benefit” identified in IRS

The Tax Cuts and Jobs Act (TCJA) imposed a new limitation on deductions of business interest expense by certain companies. And the limit, found in Section 163(j) of the Internal Revenue Code, became even more restrictive in 2022 — especially for capital-intensive businesses. As a business owner, you should determine whether the deduction limitation applies

Which assets cannot be depreciated? As a business owner, it’s important to know which assets can — and cannot — be depreciated in order to properly calculate your tax obligations.

Businesses can often write off marketing and advertising expenses that keep current clients and attract new ones. However, advertising and marketing costs must be “ordinary and necessary” in order to be deducted. Not all expenses are allowed to be deducted, as one taxpayer recently discovered in U.S. Tax Court. An ordinary expense is one that’s

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.

Many businesses like restaurants, hotels and salons employ workers who earn tips as part of their pay. Here are the responsibilities of both the employee and the employer if you have tipped workers.

Arkansas Employer Support of the Guard and Reserve, a Department of Defense program, presented Landmark CPAs with the ESGR Pro Patria Award in recognition of the extraordinary support of employees who serve in the Guard and Reserve. The esteemed recognition is the highest-level award that may be bestowed by an ESGR State Committee. The award

Claiming significant first-year depreciation tax deductions for eligible real estate expenditures may be an option for your business, allowing you to accelerate deductions rather than spreading them out over multiple years. However, this decision is not as straightforward as it may appear, as there are important factors to consider. Qualified Improvement Property (QIP) For assets

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

There’s no easy way to determine reasonable compensation. Here are some steps you can take to make it more likely that the compensation you earn will be considered “reasonable.”

As a business owner, you should be aware that you can save family income and payroll taxes by hiring your child.

Nonprofits must manage their financial and accounting records even though they are not subject to income tax. This includes preparing financial statements, collecting payroll taxes, projecting budgets and tracking performance. If nonprofit accounting procedures are not monitored, they can become inefficient over time. Here are some suggestions for policies that your nonprofit should review on

Nowadays, the majority of companies have some intangible assets. These assets’ tax treatment may be complicated. What makes intangible assets so complex? According to IRS regulations, costs that must be capitalized include: Acquiring or creating an intangible asset, Creating or enhancing a separate, distinct intangible asset, Creating or enhancing a “future benefit” identified in IRS

The Tax Cuts and Jobs Act (TCJA) imposed a new limitation on deductions of business interest expense by certain companies. And the limit, found in Section 163(j) of the Internal Revenue Code, became even more restrictive in 2022 — especially for capital-intensive businesses. As a business owner, you should determine whether the deduction limitation applies

Which assets cannot be depreciated? As a business owner, it’s important to know which assets can — and cannot — be depreciated in order to properly calculate your tax obligations.

Businesses can often write off marketing and advertising expenses that keep current clients and attract new ones. However, advertising and marketing costs must be “ordinary and necessary” in order to be deducted. Not all expenses are allowed to be deducted, as one taxpayer recently discovered in U.S. Tax Court. An ordinary expense is one that’s

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.

Many businesses like restaurants, hotels and salons employ workers who earn tips as part of their pay. Here are the responsibilities of both the employee and the employer if you have tipped workers.

Arkansas Employer Support of the Guard and Reserve, a Department of Defense program, presented Landmark CPAs with the ESGR Pro Patria Award in recognition of the extraordinary support of employees who serve in the Guard and Reserve. The esteemed recognition is the highest-level award that may be bestowed by an ESGR State Committee. The award

Claiming significant first-year depreciation tax deductions for eligible real estate expenditures may be an option for your business, allowing you to accelerate deductions rather than spreading them out over multiple years. However, this decision is not as straightforward as it may appear, as there are important factors to consider. Qualified Improvement Property (QIP) For assets

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

There’s no easy way to determine reasonable compensation. Here are some steps you can take to make it more likely that the compensation you earn will be considered “reasonable.”

As a business owner, you should be aware that you can save family income and payroll taxes by hiring your child.

Nonprofits must manage their financial and accounting records even though they are not subject to income tax. This includes preparing financial statements, collecting payroll taxes, projecting budgets and tracking performance. If nonprofit accounting procedures are not monitored, they can become inefficient over time. Here are some suggestions for policies that your nonprofit should review on

Nowadays, the majority of companies have some intangible assets. These assets’ tax treatment may be complicated. What makes intangible assets so complex? According to IRS regulations, costs that must be capitalized include: Acquiring or creating an intangible asset, Creating or enhancing a separate, distinct intangible asset, Creating or enhancing a “future benefit” identified in IRS

The Tax Cuts and Jobs Act (TCJA) imposed a new limitation on deductions of business interest expense by certain companies. And the limit, found in Section 163(j) of the Internal Revenue Code, became even more restrictive in 2022 — especially for capital-intensive businesses. As a business owner, you should determine whether the deduction limitation applies

Which assets cannot be depreciated? As a business owner, it’s important to know which assets can — and cannot — be depreciated in order to properly calculate your tax obligations.

Businesses can often write off marketing and advertising expenses that keep current clients and attract new ones. However, advertising and marketing costs must be “ordinary and necessary” in order to be deducted. Not all expenses are allowed to be deducted, as one taxpayer recently discovered in U.S. Tax Court. An ordinary expense is one that’s

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.

Many businesses like restaurants, hotels and salons employ workers who earn tips as part of their pay. Here are the responsibilities of both the employee and the employer if you have tipped workers.

Arkansas Employer Support of the Guard and Reserve, a Department of Defense program, presented Landmark CPAs with the ESGR Pro Patria Award in recognition of the extraordinary support of employees who serve in the Guard and Reserve. The esteemed recognition is the highest-level award that may be bestowed by an ESGR State Committee. The award

Claiming significant first-year depreciation tax deductions for eligible real estate expenditures may be an option for your business, allowing you to accelerate deductions rather than spreading them out over multiple years. However, this decision is not as straightforward as it may appear, as there are important factors to consider. Qualified Improvement Property (QIP) For assets

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

There’s no easy way to determine reasonable compensation. Here are some steps you can take to make it more likely that the compensation you earn will be considered “reasonable.”

As a business owner, you should be aware that you can save family income and payroll taxes by hiring your child.

Nonprofits must manage their financial and accounting records even though they are not subject to income tax. This includes preparing financial statements, collecting payroll taxes, projecting budgets and tracking performance. If nonprofit accounting procedures are not monitored, they can become inefficient over time. Here are some suggestions for policies that your nonprofit should review on

Nowadays, the majority of companies have some intangible assets. These assets’ tax treatment may be complicated. What makes intangible assets so complex? According to IRS regulations, costs that must be capitalized include: Acquiring or creating an intangible asset, Creating or enhancing a separate, distinct intangible asset, Creating or enhancing a “future benefit” identified in IRS

The Tax Cuts and Jobs Act (TCJA) imposed a new limitation on deductions of business interest expense by certain companies. And the limit, found in Section 163(j) of the Internal Revenue Code, became even more restrictive in 2022 — especially for capital-intensive businesses. As a business owner, you should determine whether the deduction limitation applies

Which assets cannot be depreciated? As a business owner, it’s important to know which assets can — and cannot — be depreciated in order to properly calculate your tax obligations.

Businesses can often write off marketing and advertising expenses that keep current clients and attract new ones. However, advertising and marketing costs must be “ordinary and necessary” in order to be deducted. Not all expenses are allowed to be deducted, as one taxpayer recently discovered in U.S. Tax Court. An ordinary expense is one that’s

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.

Many businesses like restaurants, hotels and salons employ workers who earn tips as part of their pay. Here are the responsibilities of both the employee and the employer if you have tipped workers.

Arkansas Employer Support of the Guard and Reserve, a Department of Defense program, presented Landmark CPAs with the ESGR Pro Patria Award in recognition of the extraordinary support of employees who serve in the Guard and Reserve. The esteemed recognition is the highest-level award that may be bestowed by an ESGR State Committee. The award

Claiming significant first-year depreciation tax deductions for eligible real estate expenditures may be an option for your business, allowing you to accelerate deductions rather than spreading them out over multiple years. However, this decision is not as straightforward as it may appear, as there are important factors to consider. Qualified Improvement Property (QIP) For assets

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

There’s no easy way to determine reasonable compensation. Here are some steps you can take to make it more likely that the compensation you earn will be considered “reasonable.”

As a business owner, you should be aware that you can save family income and payroll taxes by hiring your child.

Nonprofits must manage their financial and accounting records even though they are not subject to income tax. This includes preparing financial statements, collecting payroll taxes, projecting budgets and tracking performance. If nonprofit accounting procedures are not monitored, they can become inefficient over time. Here are some suggestions for policies that your nonprofit should review on

Nowadays, the majority of companies have some intangible assets. These assets’ tax treatment may be complicated. What makes intangible assets so complex? According to IRS regulations, costs that must be capitalized include: Acquiring or creating an intangible asset, Creating or enhancing a separate, distinct intangible asset, Creating or enhancing a “future benefit” identified in IRS

The Tax Cuts and Jobs Act (TCJA) imposed a new limitation on deductions of business interest expense by certain companies. And the limit, found in Section 163(j) of the Internal Revenue Code, became even more restrictive in 2022 — especially for capital-intensive businesses. As a business owner, you should determine whether the deduction limitation applies

Which assets cannot be depreciated? As a business owner, it’s important to know which assets can — and cannot — be depreciated in order to properly calculate your tax obligations.

Businesses can often write off marketing and advertising expenses that keep current clients and attract new ones. However, advertising and marketing costs must be “ordinary and necessary” in order to be deducted. Not all expenses are allowed to be deducted, as one taxpayer recently discovered in U.S. Tax Court. An ordinary expense is one that’s

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.

Many businesses like restaurants, hotels and salons employ workers who earn tips as part of their pay. Here are the responsibilities of both the employee and the employer if you have tipped workers.

Arkansas Employer Support of the Guard and Reserve, a Department of Defense program, presented Landmark CPAs with the ESGR Pro Patria Award in recognition of the extraordinary support of employees who serve in the Guard and Reserve. The esteemed recognition is the highest-level award that may be bestowed by an ESGR State Committee. The award

Claiming significant first-year depreciation tax deductions for eligible real estate expenditures may be an option for your business, allowing you to accelerate deductions rather than spreading them out over multiple years. However, this decision is not as straightforward as it may appear, as there are important factors to consider. Qualified Improvement Property (QIP) For assets

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

There’s no easy way to determine reasonable compensation. Here are some steps you can take to make it more likely that the compensation you earn will be considered “reasonable.”

As a business owner, you should be aware that you can save family income and payroll taxes by hiring your child.

Nonprofits must manage their financial and accounting records even though they are not subject to income tax. This includes preparing financial statements, collecting payroll taxes, projecting budgets and tracking performance. If nonprofit accounting procedures are not monitored, they can become inefficient over time. Here are some suggestions for policies that your nonprofit should review on

Nowadays, the majority of companies have some intangible assets. These assets’ tax treatment may be complicated. What makes intangible assets so complex? According to IRS regulations, costs that must be capitalized include: Acquiring or creating an intangible asset, Creating or enhancing a separate, distinct intangible asset, Creating or enhancing a “future benefit” identified in IRS

The Tax Cuts and Jobs Act (TCJA) imposed a new limitation on deductions of business interest expense by certain companies. And the limit, found in Section 163(j) of the Internal Revenue Code, became even more restrictive in 2022 — especially for capital-intensive businesses. As a business owner, you should determine whether the deduction limitation applies

Which assets cannot be depreciated? As a business owner, it’s important to know which assets can — and cannot — be depreciated in order to properly calculate your tax obligations.

Businesses can often write off marketing and advertising expenses that keep current clients and attract new ones. However, advertising and marketing costs must be “ordinary and necessary” in order to be deducted. Not all expenses are allowed to be deducted, as one taxpayer recently discovered in U.S. Tax Court. An ordinary expense is one that’s

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.

Many businesses like restaurants, hotels and salons employ workers who earn tips as part of their pay. Here are the responsibilities of both the employee and the employer if you have tipped workers.