The value of an operating business often depends on two components: the future economic benefits it’s expected to generate and the rate of return hypothetical investors require given the associated risks. Business valuation professionals use […]
Over the years, you’ve invested blood, sweat and tears into building a successful small business. Now it’s time to sell and move on to the next chapter of your life. What are the tax implications […]
Tax law changes taking effect this year will increase alternative minimum tax (AMT) risk for some higher-income taxpayers. If you may be affected, consider the AMT before implementing income or deduction timing strategies. A move […]
For years, one of the most effective ways to avoid phishing and other electronic fraud schemes was to look for poor spelling or grammar. That guidance is no longer enough to prevent fraud losses. Generative […]
If your small business accepts, uses or invests in Bitcoin, Ethereum or other forms of cryptocurrency, accurate reporting and detailed records are critical for federal tax […]
Executives and key employees often receive stock-based compensation in addition to salaries and bonuses. If restricted stock is part of your compensation, considering the potential tax […]
In litigation involving the value of a business, each party often hires its own expert. However, under the right conditions, sharing one expert can benefit both parties. In a joint valuation, the parties retain a […]
If you own a closely held C corporation, you might be looking for ways to withdraw cash from your business. Paying yourself a dividend can be a straightforward option — but it comes at a […]
Natural disasters can strike at any time. So if your business doesn’t already have one, it needs a formal plan to protect employees, customers, facilities and […]
Ordinary repair and maintenance costs are generally deductible in the year they’re paid or incurred, depending on your accounting method. Costs that improve property must be capitalized. However, under current tax law, capitalization doesn’t necessarily […]
