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Large cash transactions with your business must be reported to the IRS
If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS.
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If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS.
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If you’re the type who would rather order ala carte rather than a set entrée, you might prefer a “self-directed” IRA. With this option, you may be...
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What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser or indemnitor of a debt...
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Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to protect your assets. Or maybe...
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Because of the COVID-19 pandemic and the resulting economic turndown in some areas, you may have family members in need of financial support. If...
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If you’re a business owner and you hire your children this summer, you can obtain tax breaks and other nontax benefits. The kids can gain on-the-job...
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Owning assets jointly with one or more of your children or other heirs is a common estate planning “shortcut.” But like many shortcuts, it may...
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If you’re claiming deductions for business meals or auto expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete...
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Traditionally, estate planning has focused on more technical objectives, such as minimizing gift and estate taxes and protecting assets against...
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Many businesses use independent contractors to help keep their costs down. If you’re among them, make sure that these workers are properly classified...
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"Tax day” is just around the corner. This year, the deadline for filing 2020 individual tax returns is Monday, May 17, 2021. The IRS postponed the...
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Although much of estate planning deals with what happens after you die, it’s equally important to have a plan for making critical financial or...
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Are you thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial commitment and...