The pandemic has brought countless financial challenges for businesses, and things have changed for them on every front, including taxes. Even as the government has offered support through extended deadlines and breaks, you need to be extra careful about keeping things on track.
Year-end tax planning, in these circumstances, becomes more important than ever. Having the right strategy in place is vital to navigate the disruption and steer clear of any trouble with the IRS. Here are some tax-planning tactics that businesses can embrace as 2020 nears its end.Continue Reading »