Recent News & Blog / Business Tax
Still Waiting on Your ERC Claim? Time Is Running Out—Take Action Now
If you filed a claim for the Employee Retention Credit (ERC) and still haven’t been paid, you are not alone.
How Cost Segregation Studies Can Reveal Substantial Tax Savings
Businesses that own commercial real property may be sitting on an overlooked treasure chest of tax savings—and a cost segregation study could be the key to unlocking it.
Unlock Tax-Free Gains with QSB Stock
If you run your business as a C corporation, you may be eligible for a potentially significant tax break for qualified small business (QSB) stock.
Material Participation and Why It Matters for LLP and LLC Owners
The passive activity loss (PAL) rules may limit your ability to deduct losses from a business structured as a limited liability partnership (LLP) or limited liability company (LLC).
ACA Penalties May Still Apply—and They’re Increasing for 2026
Many small businesses don’t have enough employees to worry about Affordable Care Act (ACA) provisions; however, as your business grows, these rules can apply sooner than expected.
FAQs About the Federal Research Credit
Companies that engage in research and development activities may qualify for a federal tax credit for some of those expenses. The credit can be complicated to calculate, and not all research activities are eligible—but the tax savings can be significant.
Debt vs. Equity: Classification Counts When Shareholders Put Money into Their Corporations
If you operate your business as a C corporation, how you put money into your company—and how you take it back out—can have a major impact on your tax bill.
Business Deductions for Four-Legged Coworkers
Did you know that you can claim tax deductions for animals that serve a bona fide business purpose? This benefit extends beyond agricultural operations, as working animals across many sectors may qualify.
Options for Forfeited Employee FSA Balances
Many businesses offer health care and dependent care flexible spending accounts (FSAs) as part of their employee benefits package.
What Is Your Potential Business Vehicle Deduction?
If you used one or more vehicles in your business during 2025, you may be eligible for valuable tax deductions on your 2025 income tax return. Businesses can generally deduct expenses attributable to business use of a vehicle plus depreciation.