The recent decrease in interest rates has prompted increased activity in the real estate market. If you’re in the process of buying a home, or you just bought one, you may wonder if you can deduct mortgage points paid on your behalf by the seller. The answer is “yes,” subject to some significant limitations described […]

Employee health coverage is a vital part of many companies’ benefits packages. However, the administrative responsibilities that come with offering health insurance can be complex. One crucial aspect is understanding the reporting requirements of federal agencies such as the IRS. Does your business have to comply, and if so, what must you do? Here are […]

In today’s fast-paced business world, having a solid IT strategy is essential for success. This has led to the rise of two dominant IT approaches: enterprise architecture and Agile. Understanding the differences between these strategies is key to determining which approach—or combination of both—is right for your company. As companies expand, their technology needs become increasingly […]

As the year draws to a close, now is the perfect time to start planning strategies that can help lower your tax burden for both 2024 and beyond. Now is the time to act on these strategies to ensure you’re prepared for year-end deadlines. A critical first step is determining whether you’ll take the standard […]

As we enter the final quarter of 2024, businesses and employers face several key tax deadlines that must be met to avoid penalties and remain compliant. Be sure to consult your Rudler, PSC advisor to ensure you’re aware of all applicable deadlines and filing requirements. While the following list highlights some important dates, it’s crucial […]

Fraud is a harmful problem for companies of all shapes and sizes. One widespread form of crime that seems to be thriving as of late is invoice fraud. In the second quarter of 2024, accounts payable software provider Medius released the results of a survey of 1,533 senior finance executives in the United States and […]

Working from home has become more and more prevalent. If you work from a home office, you probably want to know: Can I get a tax deduction for the related expenses? It depends on whether you are employed or in business for yourself. The U.S. Bureau of Labor Statistics (BLS) reports that about one out […]

When drafting partnership and LLC operating agreements, a range of tax issues need to be addressed. This is also true of multi-member LLCs that are treated as partnerships for tax purposes. Here are some essential issues to include in your agreement so your business remains in compliance with federal tax law. Identify and describe guaranteed […]

To maintain stability and profitability, businesses must engage in strategic planning. This necessity is underscored by a recent survey conducted by the insurance company Travelers. Their 2024 CFO Study: A Travelers Special Report surveyed 610 chief financial officers (CFOs) from companies with 500 or more employees across diverse industries. One key focus of the survey […]

A federal tax credit of up to $7,500 is available for eligible vehicles in order to encourage the adoption of EVs. Here are answers to some frequently asked questions. Electric vehicles (EVs) have seen a significant rise in popularity. Kelley Blue Book estimates indicate that the EV market share in the U.S. reached 7.6% in […]