If you’re a freelancer or self-employed paying estimated taxes late, the IRS has good news for you. They’re waiving estimated tax payment penalties, even if you don’t meet the threshold…

If your company has people working from home offices, many of their business expenses are reimbursable. However, a corporation must reimburse these expenses the right way, or the IRS could…

One of the biggest benefits of setting up an S corporation is avoiding double taxation by not paying corporate income tax. Shareholders absorb profits and losses, paying tax when they…

After a natural disaster like a hurricane, flood or wildfire, small businesses struggle to cope with the fallout. Even if your company isn’t directly in the path of the destruction,…

Are you in for a big surprise at tax time? If you’re about to retire or are newly-retired without a plan for IRS withholding, you could receive a shockingly high…