If your small business is planning for payroll next year, be aware that the “Social Security wage base” is increasing.



The

Are you wondering if the passive activity loss rules affect business ventures you’re engaged in — or might engage in?



If

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among

Do you buy or lease computer software to use in your business? Do you develop computer software for use in

The business use of websites is widespread. But surprisingly, the IRS hasn’t yet issued formal guidance on when Internet website

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2020. Keep

The IRS has provided guidance to employers regarding the recent presidential action to allow employers to defer the withholding, deposit

You’re probably aware of the 100% bonus depreciation tax break that’s available for a wide range of qualifying property. Here

VRS P.C. Clients,



Many of our clients who received funding from the Paycheck Protection Program (PPP) will soon be or have

On August 8, President Trump signed four executive actions, including a Presidential Memorandum to defer the employee’s portion of Social