Tax, Accounting, and Business Insights

For a buy-sell agreement to be effective, you need to review it periodically and, if necessary, modify its language to reflect changing circumstances.

Are you considering buying or replacing a vehicle that you’ll use in your business? You may be able to benefit from lucrative tax rules for heavy SUVs.

If you’re launching a business with some partners, an S corporation may be the most suitable form of business for your new venture. Here’s why.

It’s critical that organizations implement internal controls to protect their finances and accounting-related data. Here are some areas to survey.

The $1.9 trillion American Rescue Plan Act, signed on March 11, includes several tax breaks and financial benefits for businesses.

Construction companies need to make the most of depreciation deductions that can reduce their tax bills.

Many new business owners start out operating as sole proprietors. Here are some accounting tips for sole proprietors.

Here are the most important things to know about the PPP loan program, second-draw loans and loan forgiveness.

If you’re self-employed and run your business from home, you might be able to claim deductions for home office expenses against your business income.

With interest rates at historic lows and the value of many assets depressed, now may be an ideal time for estate planning.

Employers that keep workers on their payrolls are eligible for a refundable Employee Retention Tax Credit, which has been extended and enhanced.

There’s a new IRS form for business taxpayers that pay or receive certain types of nonemployee compensation (Form 1099-NEC), and it’s due soon.