April

April 23, 2018

Tax document retention guidelines for small businesses

General rules for record retention Retain records that support items shown on your tax return at least until the statute of limitations runs out — generally […]
April 16, 2018

Changes to employee benefits tax breaks

The Tax Cuts and Jobs Act (TCJA) includes many changes that affect tax breaks for employee benefits. These changes will impact both employees and the businesses […]
April 9, 2018

Business net operating loss

When a company’s deductible expenses exceed its income, generally a net operating loss (NOL) occurs. If when filing your 2017 income tax return you found that […]

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