Tag: small business

3 Tips to Help Small Businesses Save at Tax Time

While running a small business and being your own boss can be satisfying indeed, it can also be tricky come tax time. To ensure that you keep more money in your pocket than the government’s, check out the following tax tips: Deduct everything. The IRS has given dozens of concessions to small business owners, but […]

Tax reform brings changes to qualified moving expenses

For businesses that have employees, there are changes to fringe benefits that can affect a business’s bottom line and their employee’s tax liabilities. One of these changes is to qualified moving expenses. Under previous law, payment or reimbursement of an employee’s qualified moving expenses were not subject to income or employment taxes. Under last year’s […]