3.3.25
How Much Business Interest Expense Can You Deduct?
Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses were able to claim a tax deduction for most business-related interest expense.…
2.24.25
Do You Run a Business From Home? You May Be Able To Deduct Home Office Expenses
As a business owner, you may be eligible to claim home office tax deductions that will reduce your taxable income. However, it’s crucial to understand…
2.18.25
Do You Have an Excess Business Loss?
If an individual taxpayer has substantial business losses, unfavorable federal income tax rules can potentially come into play. Here’s what you need to know as…
2.18.25
Financial Statement Red Flags for Manufacturers
For investors, stockholders, business owners and managers, identifying financial red flags in the manufacturing sector is essential for mitigating risks and ensuring sound business decisions.…
2.18.25
Sharing Space Can Mean Sharing Costs and More
If your not-for-profit is looking for significant ways to cut costs, one of the best ideas is to target your workspace. Sharing an office or…
2.18.25
How To Get Foundations To Say “Yes” to Your Grant Proposals
There are many thousands of charitable foundations in the United States. And, according to technology company Foundation Source, U.S. foundations awarded an average of 33…
2.18.25
Essential Budgeting Tips for Nonprofits
The beginning of the new year is a good time for many nonprofits to review their budgets and plan for the year ahead. Although it…
2.18.25
Nonprofit Start-Ups: Form 1023 or 1023-EZ?
If you’re starting up a new 501(c)(3) not-for-profit organization, you likely face many decisions. One of them is which form to use when applying to…
2.17.25
Optimizing Research and Development (R&D) in the Life Sciences Industry
For life sciences companies, managing R&D costs and effectively capitalizing on internal development efforts are key challenges. Successfully navigating the complexities of accounting for intangible…
2.10.25
Have Employees Who Receive Tips? Here Are the Tax Implications
Businesses in certain industries employ service workers who receive tips as a large part of their compensation. These businesses include restaurants, hotels and salons. Compliance…