Tax Hive Blog
Enjoy these timely and informative articles that can help you make informed decisions about your business.
What is a Qualified Retirement Plan (QRP)? The IRS defines a QRP as one that “satisfies the Internal Revenue Code in both form and operation.” The tricky part is READ ARTICLE
What is the Startup R&D Tax Credit?
Many new business owners overlook the Startup R&D Tax Credit to reduce small business taxes. This could be due to READ ARTICLE
The damage of the COVID pandemic to the U.S. economy, especially to small local business, has yet to be accurately measured. In 2020 and 2021, every sector of American READ ARTICLE
Small business is the foundation of the U.S. economy, and the typical small business owner works long hours with few days off to reach success. Success for a business READ ARTICLE
The list of fringe benefits the IRS will allow you to exclude their value from employee compensation is a long one. However, there are many cases where a fringe READ ARTICLE
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