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Documentation is the key to business expense deductions


If you have incomplete or missing records and get audited by the IRS, your business will likely lose out on

Tax impact of investor vs. trader status


If you invest, whether you're considered an investor or a trader can have a significant impact on your tax bill.

Are frequent flyer miles ever taxable?


If you recently redeemed frequent flyer miles to treat the family to a fun summer vacation or to take your

Now's the time to start thinking about "bunching" - miscellaneous itemized deductions


Many expenses that may qualify as miscellaneous itemized deductions are deductible only to...

Preparing for a sale - even if you have no plans to sell


Many business owners are so consumed with the day-to-day responsibilities of running a company that they don't have time to

Should you offer spousal health care coverage?


When looking to manage benefits costs, employers have many ideas to consider. One in particular is whether and how to

4 pillars of robust business growth


Many businesses start life small and simple. But with growth comes the need for a stronger company infrastructure and increased

Combining business and vacation travel: What can you deduct?


If you go on a business trip within the United States and tack on some vacation days, you can deduct

3 strategies for tax-smart giving


Giving away assets during your life will help reduce the size of your taxable estate, which is beneficial if you

Don't roll the dice with your taxes if you gamble this year


For anyone who takes a spin at roulette, cries out "Bingo!" or engages in other wagering activities, it's important to

Cyber Risks: preventive measures for manufacturers


Cyberattacks are on the rise. Manufacturers who rely on automation, robotics and connected networks are especially vulnerable. Here's what you

Understanding tax issues related to shareholder loans


Owners occasionally borrow funds from their businesses. You may, for example, need an advance to cover your child's college costs

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