Tax Blog

A recent court ruling has temporarily paused enforcement of the Corporate Transparency Act’s BOI filing requirement, creating...

The IRS has completed a review of over one million Employee Retention Credit (ERC) claims and will now begin processing the...

A new law requiring the identity of millions of business owners to be reported to the Financial Crimes Enforcement Network...

Beginning January 1, 2024, millions of businesses will be subject to the Corporate Transparency Act (CTA), requiring them to...

The IRS keeps a close eye on small business returns that raise red flags—so it pays to be prepared. Here are five common areas...

The IRS increased the business mileage rate to 62.5 cents per mile starting July 1, 2022, making vehicle deductions more valuable...

The Texas Travel Industry Recovery Grant Program is now accepting applications to support tourism, travel, and hospitality...

Several new tax provisions could help businesses lower their tax bills this filing season—and even unlock refunds from prior...

Strong documentation and organization are key to running—and eventually transitioning—a successful business. From daily...

Many business owners hire their children, their spouse, or other family members to work in their business. Sometimes this works...