IRS

Research & Development Tax Credit - Expansion

The Inflation Reduction Act brought good news to small businesses that want to claim the Research and Development Tax Credit. Qualified small businesses can use the research credit against payroll taxes instead of income tax.

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The Problem with ERC Refunds

In March 2020, to help businesses impacted by the Covid pandemic, the CARES Act introduced three new employer tax credits: the Sick Leave Credit, the Family Leave Credit, and the Employee Retention Credit.

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Is It Deductible? Bonsai Trees

With the rise of so-called tax experts on social media sites like TikTok, one might believe that creating an LLC is the path to deducting any and every expense that you can push through the company’s accounts.

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Understanding how Taxes Affect Your Settlement

A lawsuit is a long and challenging process, and towards the end you may just be happy that it’s almost over. After all the stress, paperwork, and meetings with your attorney, you’ll finally be able to move on with your life.

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