Tax Planning Strategies for Businesses
- November 13, 2021
As 2021 draws to a close, there is still time to reduce your 2021 tax bill and plan ahead for 2022. This article highlights several potential tax-saving opportunities for owners of businesses operating as an S corporation, partnership, or sole-proprietor.
What the New Missouri Law that Imposes Sales and Use Taxes Means
- August 19, 2021
Tax collection obligations for out-of-state retailers that do not have a physical presence in Missouri will need to pay a Wayfair...
Changes to the Child Tax Credit Explained
- June 9, 2021
The recent changes in the Child Tax Credit expansion included in The American Rescue Plan Act (ARPA) will help many families...
Tax Highlights of the American Rescue Plan Act
- March 12, 2021
These are the top tax related items in the American Rescue Plan Act. Additional detail can be found in this article...
Expansion and Extension of Employee Retention Credit
- February 24, 2021
Expansion and Extension of Employee Retention Credit The Consolidated Appropriations Act of 2021 passed by Congress in late December 2020 expands and extends the employee...
Change in Tax Deductions for Business Meal Expenses to Help Struggling Dining Industry
- January 6, 2021
For calendar year’s 2021 and 2022, the new COVID-19 relief package, formally known as the Consolidated Appropriations Act, will make major...
How Do I Compute the Employer Child Care Expense Credit?
- August 4, 2014
written by Amy Shewmaker Employers may be able to claim a tax credit for a portion of their expenses for providing...