Finding out your business's shape can seem like a chore, as there are many types of businesses to start. A good option is a limited liability company (LLC), which has some of the...
The IRS recently made its first foray into expanding the tax capital reporting requirement for 2020, which will apply to all partnerships. The IRS press release summarizes the proposed...
The Federal Fuel Tax Credit is a program that allows businesses to reduce their taxable income dollar by dollar-based on specific types of fuel costs. The fuel tax credit encourages...
On September 1, 2020, the IRS updated its procedures regarding the application of IRC Section 7502, timely remittance treated as timely filing, and payment of electronically arched...