Simpler reporting for limited company directors with straightforward affairs is hard not to like. But beware two drawbacks.

For small businesses, understanding and adapting to new tax laws is crucial for maintaining financial health and ensuring compliance. The year 2024 has introduced significant tax legislation that ...

To help growing SMBs, we cover some of the most important considerations they must make when evaluating accounting software.

Group health insurance is a perk that could improve employee morale and help you recruit top talent. Find out which businesses need it, and how it works.

Bennett Financials goes deeper. Instead of a 1:1 deduction ratio, they use strategies that can yield five, six, or even eight ...

H&R Block is a highly stable, predictable business known for low growth but consistent profitability. Read why I'm neutral on ...

Making a last-minute contribution to an IRA before the 2024 tax filing deadline could reduce your 2023 tax bill. Be aware of the income limits associated with IRAs and Roth IRAs to see if you're ...

Daylight Saving Time ends, inflation adjustments for retirement accounts, more time to file BOI reports, filing deadlines & more.

Democrats disparage the Trump tax cuts as a “tax cut for the rich,” but the evidence is clear: All incomes benefited from a ...

The Corporate Transparency Act (the “CTA”) requires a range of entities, primarily smaller, otherwise unregulated companies, ...

the 2025 standard deduction will be $15,000 for single filers and $30,000 for married couples filing jointly, up from $14,600 and $29,200, respectively, for 2024. The standard deduction is the fixed ...