Reasons an LLC Might Be the Ideal Choice for your Small to Medium-Size Business
Choosing the right business entity is a key decision for any business. The entity you pick can affect your tax bill, your personal […]
Supreme Court: COLI Proceeds are Included in Business Value
A recent U.S. Supreme Court ruling resolves a circuit split on a business valuation issue — and it could have a major impact […]
6 Tax-Free Income Opportunities
Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best opportunities to put money in your pocket without […]
Are You Liable for Two Additional Taxes on Your Income?
Having a high income may mean you owe two extra taxes: the 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare […]
Craft Partnership Agreements and LLC Operating Agreements with Precision
Partnerships are often used for business and investment activities. So are multi-member LLCs that are treated as partnerships for tax purposes. A major […]
What You Can Do About Workers’ Comp Fraud
Workers’ compensation insurance can provide medical care and financial assistance to employees who are injured or incapacitated at work. However, this important benefit […]
Working Remotely May Be Convenient, But May Also Have Tax Consequences
Many employees began working remotely during the pandemic and continue doing so today. Remote work has many advantages for employers and employees, and […]
Valuing a Business for a Dissenting or Oppressed Shareholder Case
Shareholders who own a minority interest in a business may not always agree with key decisions made by controlling shareholders. For instance, a […]
Cash or Accrual Accounting: What’s Best for Tax Purposes?
Your businesses may have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides […]
One Spouse’s Tax Errors May Qualify the Other for Innocent Spouse Relief
Navigating the complexities of tax law can be difficult, especially when faced with an unexpected tax bill due to the errors of a spouse or ex-spouse. The […]
