If you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is one of your biggest personal assets and […]

What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser or indemnitor of a […]

If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS.

Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to protect your assets. Or […]

Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These costs may wind up […]

While Congress develops legislation that would eliminate, and/or otherwise mitigate, the current TCJA implemented state and local tax (SALT) limit on […]

Despite the COVID-19 pandemic, government officials are seeing a large increase in the number of new businesses being launched. From June 2020 through June 2021, the U.S. […]

There’s a harsh tax penalty that you could be at risk for paying personally if you own or manage a business with employees. It’s […]

Are you eligible to take the deduction for qualified business income (QBI)? Here are 10 facts about this valuable tax break, referred to as the pass-through deduction, […]

As we continue to come out of the COVID-19 pandemic, you may be traveling for business again. Under tax law, there are a number […]