Guidance issued from the IRS on December 10, 2018 provides examples of ways to identify and calculate non-deductible parking expenses including a four-step process when taxpayers and tax-exempt organizations own or lease parking facilities. This guidance allows for any reasonable method in calculating the non-deductible expenses.
Construction contractors can spend their entire career bidding work, managing projects and handling cash flow issues, while on the way to a banner year. Then [...]
Nonprofit organizations, state and local governmental entities, and churches may be able to save money on future catered events. Effective April, 22, 2016, organizations can [...]
If you have employees who earn less than $23,660 a year, then you are currently paying time-and-a-half when those employees work more than 40 hours [...]
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