May 2024

1. It's time to think about your withholding for the rest of 2024 2. Don't donate to a charity until you check it out 3. Tax points that new parents should know 4. New guidance concerning home energy rebates 5. Need to amend a tax return?

Business owners sometimes add a few extra days of leisure to their business trips, whether to relax by the beach or visit family members who live in different cities. With proper planning and documentation, you may be able to deduct some costs — such as transportation, lodging and meals — as legitimate business expenses. Here's a refresher on the tax rules for business vs. personal travel.

1. A report to help prevent and detect money laundering 2. Guidance for emergency savings accounts 3. New depreciation limits for certain business vehicles 4. Follow the tax rules to limit tax trouble 5. A credit to incentivize manufacturers

Fundraising is already in full swing for the November 2024 elections. Are you planning to donate to a favorite local or federal candidate? Before opening your wallet, it's important to understand the rules that apply to campaign contributions made by individuals and businesses.

As your small business grows, it will encounter many new challenges and opportunities. Here's how to tackle top concerns — such as financial and tax reporting, marketing, strategic decision making, working capital and risk management — to minimize growing pains during this critical stage of business development.

Two new federal rules regarding overtime pay and noncompete agreements have recently been adopted.

If you’ve inherited an IRA, you need to know about the latest IRS guidance.

The IRS has offered guidance regarding the tax treatment of energy efficiency rebates introduced by the Inflation Reduction Act.

President Biden has laid out his proposals for tax law changes in the fiscal year 2025 budget.