Federal Tax News for Businesses
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
Read More Brush Up on Campaign Contributions Rules
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.
Read More Growth Strategies: How to Take Your Business to the Next Level
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.
Read More Federal regulators expand overtime pay requirements, ban most noncompete agreements
Two new federal rules regarding overtime pay and noncompete agreements have recently been adopted.
Read More IRS extends relief for Inherited IRAs
If you’ve inherited an IRA, you need to know about the latest IRS guidance.
Read More IRS issues guidance on tax treatment of energy efficiency rebates
The IRS has offered guidance regarding the tax treatment of energy efficiency rebates introduced by the Inflation Reduction Act.
Read More President Biden’s proposed budget highlights his tax agenda
President Biden has laid out his proposals for tax law changes in the fiscal year 2025 budget.
Read More Manufacturers: Pay attention to these 6 tax-related items in 2024
How will 2024 treat your manufacturing company? Here are six tax-related items to focus on this year
Read More Manufacturers: Don’t turn a blind eye to occupational fraud
Does your manufacturing company have antifraud controls in place? It should.
Read More How manufacturers can factor depreciation tax breaks into their 2024 asset purchase planning
Tax law uncertainty makes planning for asset purchases challenging this year. Here’s what manufacturers need to know.
Read More Segmented income statements can help enhance manufacturers’ profitability
There are many ways to identify how to boost a manufacturer’s bottom line. Producing a segmented income statement is one of them.
Read More Ready, set, value!
If you’ve never worked with a business valuation professional, you might not know where to start. Here’s how to get the ball rolling on your valuation project and what to expect throughout the process.
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