Blog

John Csargo | Sep. 12, 2022

Separating Your Business From Its Real Estate

Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in…

John Csargo | Jul. 18, 2022

Important Considerations When Engaging in a Like-Kind Exchange

A business or individual might be able to dispose of appreciated real property without being taxed on the gain by…

Barb Sawdy | Jun. 28, 2022

2022 Q3 Tax Calendar: Key Deadlines for Businesses and Other Employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2022. Keep…

John Csargo | Jun. 22, 2022

Businesses Will Soon Be Able to Deduct More Under the Standard Mileage Rate

Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The…

John Csargo | Jun. 8, 2022

Help When Needed: Apply the Research Credit Against Payroll Taxes

Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject…

John Csargo | May. 10, 2022

Inflation Enhances the 2023 Amounts for Health Savings Accounts

The IRS recently released guidance providing the 2023 inflation-adjusted amounts for Health Savings Accounts (HSAs). High inflation rates will result…

Barb Sawdy | May. 4, 2022

Businesses May Receive Notices About Information Returns That Don’t Match IRS Records

The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that…

John Csargo | Apr. 25, 2022

The Tax Mechanics Involved in the Sale of Trade or Business Property

There are many rules that can potentially apply to the sale of business property. Thus, to simplify discussion, let’s assume…

John Csargo | Apr. 12, 2022

Tax Issues to Assess When Converting from a C Corporation to an S Corporation

Operating as an S corporation may help reduce federal employment taxes for small businesses in the right circumstances. Although S…

John Csargo | Mar. 29, 2022

2022 Q2 Tax Calendar: Key Deadlines for Businesses and Other Employers

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of…

John Csargo | Mar. 22, 2022

Taking the Opposite Approach: Ways Your Business Can Accelerate Taxable Income and Defer Deductions

Typically, businesses want to delay recognition of taxable income into future years and accelerate deductions into the current year. But…

Andy Muntifering | Feb. 23, 2022

Tax Filing Due Dates

Just a reminder that the traditional tax filing due dates listed below are not being adjusted this year by the…