3 min read
What the new tax law could mean for you
As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire at the end of the year. That...
3 min read
As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire at the end of the year. That...
2 min read
If you’re claiming deductions for business meals or vehicle expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete...
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When many small to midsize businesses are ready to sponsor a qualified retirement plan, they encounter a common obstacle: complex administrative...
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The future often weighs heavier on the shoulders of family business owners. Their companies aren’t just “going concerns” with operating assets, human...
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Creating a marketing strategy for any company isn’t a “one and done” activity. As you’ve no doubt experienced, the approach you use to connect with...
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Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re among...
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Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s...
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Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, you’re concerned about the financial commitment...
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For federal income tax purposes, the general rule is that rental real estate losses are passive activity losses (PALs). An individual taxpayer can...
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Some tax sins are much worse than others. An example is failing to pay over federal income and employment taxes that have been withheld from...
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Financial statements can fascinate accountants, investors and lenders. However, for business owners, they may not be real page-turners.
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When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next generation of leaders...
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Are you starting a business with partners and deciding on the right entity? An S corporation might be the best choice for your new venture.