Paying Workers Under the Table is a Lose-Lose
Paying workers under the table or with cash can save businesses a bundle in taxes. But the potential consequences are grave. Not only is this practice illegal […]
Maximizing Your Home Renovation Dollars
(This is Blog Post #827)
Favorable Tax Changes to “Qualified Improvement Property”
The law providing relief due to the coronavirus (COVID-19) pandemic contains a beneficial change in the tax rules for many improvements to interior parts […]
Rioting Damage at Your Business?
Rioting damage at your business? The recent riots around the country have resulted in many storefronts, office buildings and business properties being destroyed. In the […]
New Employer Tax Credits Flowchart
Many businesses that have been severaly impacted by the coronavirus (COVID-19) will qualify for two new employer tax credits – the Credit for Sick and Family Leave and the […]
Keep Life Insurance Out of Your Estate
If you have a life insurance policy, you probably want to make sure that the life insurance benefits your family will receive after your death won’t be […]
Setting Up a SEP Plan for 2019
Do you own a business but haven’t gotten around to setting up a tax-advantaged retirement plan? Fortunately, it’s not too late for setting up a SEP Plan […]
Business Opportunity or Scam?
The first question you should ask yourself about anything that’s too good to be true is . . . is it a legitimate business opportunity or scam. […]
2019 Gift Tax Return Deadline is Coming Up
If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2019 gift tax […]
Determining a Reasonable Salary for a C Corporation Business Owner
If you’re the owner of an incorporated business, you probably know that there’s a tax advantage to taking money out of a C corporation as compensation rather […]
