If you own a small or medium-sized business, it may be eligible for some significant tax breaks that aren’t available for larger entities. Here are three ...
Manufacturers Need to Act Soon to Take Advantage of 100% First-year Bonus Depreciation
Mar 17, 2022First-year bonus depreciation typically creates a powerful tax incentive for eligible manufacturers to purchase qualified property needed for business reasons. ...
Do LLC Members Owe Self-Employment Tax?
Mar 17, 2022The federal tax code’s self-employment tax provisions were enacted long before the existence of limited liability companies (LLCs). As LLCs became increas...
How to Navigate Multistate Payroll & Sales Tax Obligations
Mar 15, 2022When it comes to paying taxes, the first question that comes to mind is usually how much do I owe? But for a growing number of small and mid-size business owner...
In-Plan Annuities: A New Twist on the Traditional Pension Model
Mar 03, 2022It’s common for employees who are nearing retirement to be concerned with whether their savings will last through their senior years. Those worries are mo...
Don’t Discount the Key Person Discount
Mar 03, 2022In the fourth quarter of 2021, CEO resignations were up 16% over the prior year, according to executive outplacement firm Challenger, Gray & Christmas. Rece...
How to Maximize the QBI Deduction Amid the Pandemic
Feb 24, 2022Since the qualified business income (QBI) deduction first become available in 2018, things have changed dramatically, mainly due to the various effects of the C...
Should You Diversify Your Investments with Rental Real Estate?
Feb 17, 2022Many people invest in marketable securities, including stocks, bonds, money market funds and real estate investment trusts (REITs). But a less conventional inve...
Due Diligence Considerations When Buying a Business
Feb 17, 2022Buyers of businesses generally prefer to arrange for an asset purchase transaction, instead of purchasing an ownership interest in the target business entity. W...
3 Ways Small & Midsized Businesses Can Maximize Tax Benefits
Feb 15, 2022Are you maximizing your tax benefits? From employee retention credits to tax credits for innovation, there are many strategies for small and midsized businesses...