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Maurice La Verdure: Feb 8, 2023 10:02:19 AM
An array of tax-related limits that affect businesses are indexed annually, and due to high inflation, many have increased more than usual for 2023....
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Scott Henvey: Feb 16, 2022 3:24:42 PM
If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the donations. But what...
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Scott Henvey: Feb 16, 2022 3:21:30 PM
Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as a dividend. However,...
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Maurice La Verdure: Feb 16, 2022 3:19:32 PM
If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax situation.
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Scott Henvey: Jan 20, 2022 11:00:00 AM
Many employees — from retail workers to sales staffers involved in complex business-to-business transactions — receive part of their compensation...
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Maurice La Verdure: Aug 26, 2021 11:00:00 AM
Employer-provided life insurance is a coveted fringe benefit. However, if group term life insurance is part of your benefit package, and the coverage...
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Scott Henvey: Aug 24, 2021 11:00:00 AM
If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS.
1 min read
Maurice La Verdure: Jul 26, 2021 11:00:00 AM
Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These costs may wind up being...
2 min read
Scott Henvey: Jul 16, 2021 11:00:00 AM
The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as compared with prior years. But...
