The Tax Cuts and Jobs Act (TCJA) made many changes to the tax deductions and credits that are available to businesses. One of those is the R&D tax credit. This
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Construction companies have many different tax deductions available to them, and workers can also take advantage of numerous tax breaks that help save money. What are some of the deductions
Many people got involved in buying and selling cryptocurrency over the course of 2020 and 2021, and this trend is here to stay. However, what many people don’t realize is
As a business, there are many different parts of the tax code that you need to understand in order to avoid issues. One of those is Section 1244. Section 1244
Preparing for tax season can be overwhelming, even if you are working with an experienced accounting services company like MKS&H. However, putting time and effort into planning and preparing for
Tax season is right around the corner, which means that every business should be sitting down with their accounting professionals to review their books for the year and get their
Choosing the legal structure of your business can be incredibly challenging, as there are pros and cons of each structure. While some of the differences will primarily impact how you
In today’s world, workers in the gig economy and freelancing are more common than ever. However, are you really on the hook for paying taxes when you deliver a few
While your e-commerce business might feel different from a traditional brick and mortar business, the law and IRS will treat you in much the same manner. In fact, you might
The American Rescue Plan brought many different changes to businesses, and one of the things that is changing is the Form 1099-K reporting threshold for third-party settlement organizations. The old