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Tax-wise ways to take cash from your corporation while avoiding dividend treatment
If you want to withdraw cash from your closely held corporation at a low tax cost, the easiest way is to distribute cash as a dividend. However, a...
We have prepared a selection of frequently asked questions.
2 min read
If you want to withdraw cash from your closely held corporation at a low tax cost, the easiest way is to distribute cash as a dividend. However, a...
2 min read
Many small business owners run their companies as leanly as possible. This often means not offering what are considered standard fringe benefits for...
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A recent report shows that post-pandemic global business travel is going strong. The market reached $665.3 billion in 2022 and is estimated to hit...
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When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need...
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The Employee Retention Tax Credit (ERTC) was introduced back when COVID-19 temporarily closed many businesses. The credit provided cash that helped...
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No one likes to make a mistake. This is especially true in business, where a wrong decision can cost money, time and resources. According to the...
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The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up by 1.5 cents per...
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The job market remains relatively tight for businesses looking to fill open positions or simply add top talent when the fit is right. That means it’s...
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Restricted stock awards are a popular way for companies to offer equity-oriented executive compensation. Some businesses offer them instead of stock...
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If you’re planning to start a business or thinking about changing your business entity, you need to determine what will work best for you. Should you...
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Are employees at your business traveling and frustrated about documenting expenses? Or perhaps you’re annoyed at the time and energy that goes into...
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Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules are...
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It’s not uncommon for employees to grumble about having to attend too many meetings. Sometimes they have a point; an excessive number of meetings can...