Category: Tax Alerts
Many taxpayers do not realize that the research and development tax credit is available to businesses of all sizes in many lines of business, not just major corporations conducting tests in research laboratories.
Sure, you can take a loan from your 401(k) plan, but there are many conditions you may need to consider and certain tax consequences at play.
The IRS recently issued new daily rates for business travelers to use for lodging, meals and incidental expenses.
The Treasury Department and the IRS release regulations on the new 100% business asset depreciation.