Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2023. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply… Read More »2023 Q4 tax calendar: Key deadlines for businesses and other employers
Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues. The partnership issue An unincorporated business with your spouse is classified as a partnership for… Read More »Emil @ CPA Forensic tips: Spouse-run businesses face special tax issues
The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation adjustments. And due to high inflation, the adjustments for 2023 were big. Here… Read More »Emil @ CPA Forensic wrote: Update on depreciating business assets
If you’re getting a divorce, you know the process is generally filled with stress. But if you’re a business owner, tax issues can complicate matters even more. Your business ownership interest is one of your… Read More »Emil @ CPA Forensic: Divorcing business owners should pay attention to the tax consequences