
Think Outside the Box When It Comes to Succession Planning
When pondering how to exit their companies, most construction business owners understandably think of themselves. After all, you’re the one who’s leaving — and no…
When pondering how to exit their companies, most construction business owners understandably think of themselves. After all, you’re the one who’s leaving — and no…
Many people start the year intending to get out of debt, yet end the year owing just as much, if not more. One approach that…
Working from home has become commonplace for people in many jobs. But just because you have a home office space doesn’t mean you can deduct…
Are you a high-income small-business owner who doesn’t currently have a tax-advantaged retirement plan set up for yourself? A Simplified Employee Pension (SEP) plan may…
Contrary to popular belief, there’s nothing in the U.S. Constitution or federal law that prohibits multiple states from collecting tax on the same income. Although…
When President Trump signed into law the Tax Cuts and Jobs Act (TCJA) in December 2017, much was made of the dramatic cut in corporate…
Deregulation of the energy industry was intended to give consumers a choice of electricity and natural gas providers — and an opportunity to save money.…
A variety of tax-related limits affecting businesses are annually indexed for inflation, and many have gone up for 2019. Here’s a look at some that…
The IRS has some good news for certain taxpayers — it’s waiving underpayment penalties for those whose 2018 federal income tax withholding and estimated tax…
It’s common for owners of privately held manufacturing and distribution firms to loan money to and borrow money from their companies. The IRS looks closely…