Buy or Lease a Business Vehicle: Which Costs Less?

Buy or Lease a Business Vehicle Which Costs Less
If you’re trying to decide between leasing and buying your next business vehicle, one question is probably foremost in your mind: Which option costs less? Unfortunately, comparing leasing and buying costs isn’t as simple as it looks. To do it right, you must...

Beware of the Dreaded Wash Sale Rule When Harvesting Tax Losses

Beware of the Dreaded Wash Sale Rule When Harvesting Tax Losses
You generally think of tax loss harvesting as a year-end strategy. And it truly is a good one. But it’s also a “whenever you need it” strategy. For example, say you used a lot of “kick the can down the road” strategies this...

New 1099-K Filing Rules Delayed Again

New 1099-K Filing Rules Delayed Again
If you sell goods and services and are paid through a third-party settlement organization (TPSO), such as PayPal, the IRS changed the likelihood of your receiving a 1099-K. Here’s what you need to know about IRS Form 1099-K. What Is Form 1099-K?

13 Key Answers for Compliance for the New 2024 Corporate Transparency Act

13 Key Answers for Compliance for the New 2024 Corporate Transparency Act
The Corporate Transparency Act (CTA) became effective on January 1, 2024. The law will create a massive government database containing the identities and contact information of defined small corporations and LLC “beneficial owners.” The beneficial owners are the humans who own the entity or exercise substantial control over it.

What Can A Business Do to Improve Its Productivity

What Can A Business Do to Improve Its Productivity
Introduction Running a successful business requires strategic planning, efficient operations, and a relentless focus on productivity. In today's business world's dynamic and competitive landscape, companies must constantly seek ways to enhance their productivity to stay ahead of the curve. But what is productivity in a business context?