NOL deductions can ease the pain of business losses
Mon, Dec 1, 2025

Losses are a real possibility for businesses, whether they're new or well-established.   The federal tax code may help soften the blow by allowing businesses to apply losses to offset taxable income in future years, subject to certain limitations.

How does the new tax deduction for car loan interest work?
Mon, Dec 1, 2025

Generally, except for home mortgage interest, personal interest expense isn't deductible for federal income tax purposes. Now, the One Big Beautiful Bill Act has added another exception for eligible car loan interest on qualified passenger vehicles. This article covers the eligibility rules.

The tax implications of remote work
Mon, Dec 1, 2025

Remote work can offer advantages for both employers and employees. But it may also lead to some tax surprises, especially if workers cross state lines.

New high-low travel per diem rates
Mon, Dec 1, 2025

The “high-low” per diem method is a simplified way to reimburse employees who travel for your business compared to tracking actual business travel expenses. Here’s a look at the current per diem rates within the continental United States and the rates in certain high-cost locations.