Consider Borrowing From your Corporation but Structure the Deal Carefully
If you own a closely held corporation, you can borrow funds from your business at rates that are lower than those charged by a bank. But it’s […]
What Might Be Ahead as Many Tax Provisions are Scheduled to Expire?
Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the upcoming elections.
Valuing Donations of Private Business Stock
Some business owners may be considering donating corporate stock to charities in 2024. Donations of public stocks are generally easy to value because their prices are listed […]
2024 Q3 Tax Calendar: Key Deadlines for Businesses and Other Employers
July 15
- Employers should deposit Social Security, Medicare and withheld income taxes for June if the monthly deposit rule […]
Social Security Tax Update: How High Can it Go?
Employees, self-employed individuals and employers all pay Social Security tax, and the amounts can get bigger every year. And yet, many people don’t fully understand the Social […]
Hiring Your Child to Work at Your Business This Summer
With school out, you might be hiring your child to work at your company. In addition to giving your son or daughter some business knowledge, you and […]
Is Your Inventory Missing – or Stolen? Ask an Expert
For many businesses, such as retailers, manufacturers and contractors, strict inventory control is central to operations. If you don’t track inventory accurately, you can’t effectively produce goods, […]
The Tax Consequences of Selling Mutual Funds
Do you invest in mutual funds or are you interested in putting some money into them? If so, you’re part of a large group. According to the […]
Figuring Corporate Estimated Tax
The next quarterly estimated tax payment deadline is September 16 for individuals and businesses, so it’s a good time to review the rules for computing corporate federal […]
Recent FTC Rule Could Affect the Value of Noncompete Agreements
Noncompete agreements can be valuable to a business, especially after a merger or acquisition. Estimating the value of these agreements has become more complicated in light of […]
