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What to Know About the Tax Treatment of Wages and Salaries

What to Know About the Tax Treatment of Wages and Salaries

If you receive wage income at any point during the calendar year, you will likely need to include it on ...
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Tax Deadline Delayed 2020

Tax Filing and Payment Deadline Extended to May 17, 202

Tax Filing and Payment Deadline Extended The Treasury Department and Internal Revenue Service announced today that the federal income tax ...
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Taxable Fringe Benefits vs. Nontaxable Fringe Benefits

Taxable Fringe Benefits vs. Nontaxable Fringe Benefits

As a small-business owner, you may choose to provide yourself and your workers fringe benefits. To avoid any surprises at ...
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PPP Loan and the Economic Aid Act

PPP Loan and the Economic Aid Act

The United States Small Business Administration (SBA), in connection with the Treasury Department, announced that the Paycheck Protection Program (PPP) ...
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Qualifying as a Real Estate Professional and Deducting Passive Losses

Qualifying as a Real Estate Professional and Deducting Passive Losses

A taxpayer can overcome the presumption that all rental activities are passive if the taxpayer qualifies as a real estate ...
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Do I Need an LLC to Start a Business?

Do I Need an LLC to Start a Business?

You do not need an LLC to start a business, but for many businesses the benefits of an LLC far ...
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How to Maximize Tax Deductions and Tax Credits – LNK Tax Group

Paying income taxes is the obligation of all Americans. While we are happy to pay our fair share, no one ...
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IRS COVID-19 Tax Relief

IRS COVID-19 Tax Relief

The Internal Revenue Service (IRS) has announced several changes designed to help struggling taxpayers impacted by COVID-19 more easily settle ...
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Sales Tax E-Commerce Business

How to Administer Sales Tax for Your E-Commerce Business

You are running your very own online e-commerce store; How exciting, but e-commerce sales tax laws, not so much. We ...
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Vehicles and Section 179 deduction

Vehicles and Section 179 deduction

One of the more popular uses of the Section 179 Deduction has been for vehicles. In fact, several years ago ...
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