In December, Congress passed the 21st Century Cures Act. The long and complex bill covers…

Many businesses receive payment in advance for goods and services. Examples include magazine subscriptions, long-term…

Bonus depreciation allows businesses to recover the costs of depreciable property more quickly by claiming…

The Section 199 deduction is intended to encourage domestic manufacturing. In fact, it’s often referred…

Tax credits reduce tax liability dollar-for-dollar, making them particularly valuable. Two available credits are especially…

Simplified Employee Pensions (SEPs) are sometimes regarded as the “no-brainer” first choice for high-income small-business…