Income Tax

According to the Q1 2015 Spark Business Barometer from Capital One, 55 percent of small business owners are very confident they are taking advantage of small business tax deductions, but what about the other 45 percent?

Tax season can be a scary time for many taxpayers, but it's mostly because of a lack of knowledge. It's a fear of the unknown: Will they owe taxes, will the IRS come after their business, etc.

An employee’s company may be glad to pick up the tab on a weekend trip home if you’re staying in a place where the cost of lodging and meals is high. The trip home might cost less than the expense of putting you up in a pricey hotel.

The nation's largest society of professional accountants is telling Congress that tax reform isn't just something to think about, it's something needed soon.

Do you have clients who are dedicated to working on behalf of a charity? Although they may go out of their way to support their favorite cause, they may not be getting a tax deduction for the blood, sweat and tears they expend.

Accountants and CPAs are in the middle of the industry’s hottest season, and staying above the stress in a time of relative chaos can be a challenge to say the least. Long hours, looming deadlines and mountains of data can drive people to the edge ...

The release of New York State Corporation Income Taxes After 2014 coincides with the 2015 effective date of the state’s comprehensive overhaul of its corporate income tax.

As you’re working through federal income tax returns of clients during the home stretch, you hold a veritable ace up your sleeve: the IRA contribution. For clients who qualify, a contribution made by the tax return due date – April 15, 2015 for ...