If you had W-2 employees in 2020 and/or 2021, you need to look at the Employee Retention Credit (ERC).

There’s good and bad news if you’re in the market for an electric or plug-in hybrid electric vehicle.

At first glance, the corporate tax rules for forming an S corporation appear simple. They are not.

All good things must come to an end. On December 31, 2022, one of the best tax deductions ever for businesses will end: 100 percent bonus depreciation.

You may have heard that the newly enacted Inflation Reduction Act includes an expanded tax credit for electric vehicles.

Do you qualify for the employee retention credit (ERC)? Did you claim it?

The president signed the Inflation Reduction Act into law on August 16, 2022. It contains some valuable tax credits for homeowners.

Earn 9.62 Percent Tax-Deferred Interest with Series I Bonds

Download the most often-used IRS forms.

If you own an unincorporated business, you likely pay at least three different federal taxes. In addition to federal income taxes, you must pay Social Security and Medicare taxes, also called the self-employment tax.