Understanding Reasonable Compensation: The Watson Case Study
The Watson case underscores the IRS’s focus on reasonable compensation in S corporations, highlighting the risks of underpaying salaries to shareholder-employees.
March 5, 2025
March 5, 2025
Many 2017 Tax Act Changes Scheduled to Expire After 2025
The 2017 Tax Cuts and Jobs Act reduced tax rates and deductions, but major provisions will expire after 2025, reversing many benefits.
March 5, 2025
The Tax-Smart Way to Gift Employees: De Minimis Fringe Benefits
Discover how de minimis fringe benefits allow employers to give tax-free employee gifts while avoiding additional tax burdens. Optimize your gifting strategy today!
March 5, 2025