When it comes to deducting charitable gifts, all donations are not created equal.
The costs involved with funding a retirement plan for employees can greatly burden a small business. The U.S. Dept. of Labor has issued a final rule that can ease the burden.
An attractive fringe benefit for some employees is an employer-provided vehicle that can be used for business and personal use. The IRS recently issued guidance on how to value the personal use of such vehicles to include the amount in an employee’s income.
Glitches in the Tax Cuts and Jobs Act require fixes! Tax extenders have yet to be extended! Will Congress pass the necessary legislation? Find out what needs fixing and what tax provisions need extending.
There’s been much upheaval over the overtime exemption rule since the last one went into effect in 2004. The Department of Labor has issued a proposed update to the rule, but it’s unclear if it will be finalized in its current form.
Reference this tax calendar to learn 2019 deadlines of various tax-related forms and payments.