C to S Corporation Conversion
The right entity choice can make a difference in the tax bill you owe for your business. Although S corporations can provide substantial tax […]
Holiday Parties Provide Tax Breaks
With Thanksgiving behind us, the holiday season is in full swing. At this time of year, your business may want to show its gratitude […]
Cost Segregation Studies Accelerate Depreciation
Is your business depreciating over a 30-year period the entire cost of constructing the building that houses your operation? If so, you should consider […]
Controlling Unemployment Tax Costs of Your Business
As an employer, you must pay federal unemployment (FUTA) tax on amounts up to $7,000 paid to each employee as wages during the calendar […]
Business Owners Should be Prepared for IRS Audits
Many business owners ask: How can I avoid an IRS audit? The good news is that the odds against being audited are in your favor. In fiscal […]
Business Website Cost Tax Treatment
These days, most businesses need a website to remain competitive. It’s an easy decision to set one up and maintain it. But determining the […]
How to Withdraw Cash from your Corporation
Do you want to withdraw cash from your closely held corporation at a low tax cost? The easiest way is to distribute cash as […]
The Right Retirement Plan for Your Business
If you’re a small business owner or you’re involved in a start-up, you may want to set up a tax-favored retirement plan for yourself […]
Tax Implications of Company Cars
The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This benefit results in tax deductions […]
Should You Elect S Corporation Status?
Operating a business as an S corporation may provide many advantages, including limited liability for owners and no double taxation (at least at the federal level). Self-employed people […]
