In 2016, the Maryland legislature passed Senate Bill 1007 establishing the Maryland Small Business Retirement Savings Program (Maryland Saves Program). After many years of delays, the Maryland Saves Program is effective for tax year 2023.
Are you interested in reducing your 2022 tax liability? There’s still time to take these year-end tax planning steps.
Construction companies can use various accounting methods for tax-reporting purposes. Here’s a handy review of 10 of the most widely used approaches.
Don’t forget to factor 2023 cost-of-living adjustments into your year-end tax planning.
Routine financial statement audits are great for corporate governance. But could your organization also benefit from periodic “surprise” audits?
If significant growth is part of your company’s strategic plan for the coming year, be careful. Growing a business too quickly can lead to serious financial problems.
Can you benefit from the Inflation Reduction Act’s expansion of two tax incentives for energy-efficient construction of commercial and residential buildings? These are the Sec. 179D deduction and the Sec. 45L credit.
Here are four categories of financial ratios that can help you make better, more-informed decisions about your company’s financial future.