Businesses can deduct 100% of business meals during 2021 and 2022, provided the meals are at a restaurant.
Sole proprietors are 100% personally liable for all business debts and legal claims.
The standard mileage rates for the use of a car (or a van, pickup or panel truck) have been set beginning on Jan. 1, 2021.
Four Questions Business Owners Should Consider During the 2020 Tax Season
Here is a brief explanation of the changes to employee fringe benefits.
The Sec 199A deduction is one of the more complicated pieces of tax legislation ever.
Choosing the right entity type can maximize business and tax benefits and the wrong choice can prove costly.