Work or Pleasure: The Tax Rules for Hybrid Travel
With business travel picking up again and summer fast approaching, many business owners may be mulling trips that combine work with vacation or other personal activities. A quick refresher on the …
Self-Insured Plans: Nondiscrimination Rules and COVID-19 Expenses
Question: We’re changing our company’s group health (major medical) plan from fully insured to self-insured next year. Will our plan have to comply with nondiscrimination rules and, if so, what …
Self-Insured Plans: Nondiscrimination Rules and COVID-19 Expenses Read More
11 Sources of Tax-Free Income
There are still ways to earn income that is free from federal income tax. With the various tax changes that have taken effect in recent years, tax-free income opportunities are …
How to Keep Your Business Strong Despite Inflationary Pressures
Over the last year, consumer prices rose 7.9%, according to the latest data from the U.S. Bureau of Labor Statistics. The Consumer Price Index covers the prices of food, clothing, …
How to Keep Your Business Strong Despite Inflationary Pressures Read More
5 Categories of Interest Expense: What’s Deductible?
People often ask: Is the interest paid during the year deductible on my federal income tax return? The answer is, “It depends.” Generally, the interest you incurred must be allocated …
5 Categories of Interest Expense: What’s Deductible? Read More