When To Outsource Accounting Services

When To Outsource Accounting Services

Why Outsourcing Your Accounting & Finance Functions Provides Value for a Small Business By Kira Wissman, Controller, KWC CPAs The accounting & finance functions are often undervalued and overlooked in start-ups or small businesses.  The costs can be...
Chart a Tax Course for Business Travel

Chart a Tax Course for Business Travel

Are you planning to take a business trip this summer? If your destination is known for its cultural or recreational attractions, you might want to combine some leisure with your business activities. You still may be able to enjoy plenty of tax benefits from the trip —...
Planning Is Essential if You’re Inheriting Assets

Planning Is Essential if You’re Inheriting Assets

If you’re in line to receive a significant inheritance, your feelings may range from exhilaration to relief, not to mention a great deal of sadness for the loved one who has passed. Indeed, a large infusion of cash or assets can be overwhelming. Generally, when...
Don’t Overlook the Child Care Tax Credit

Don’t Overlook the Child Care Tax Credit

For years, the tax code has offered an incentive for employers to provide child care to their employees in the form of the Section 45F child care tax credit. But the credit is rarely claimed, according to the Congressional Research Service. Employers that qualify for...
FAQs on the General Business Credit

FAQs on the General Business Credit

The general business credit (GBC) may help certain small businesses cut their federal income tax obligations significantly. This is an “umbrella” credit that encompasses various business-related credits, which are far more valuable than tax deductions....