To prevent a business loan from turning into an unexpected tax burden, it’s essential to follow certain steps to ensure compliance with the IRS regulations.
Did you know there’s a way to capitalize on a 0% capital gains tax rate? While many taxpayers pay a maximum rate of 15%, this…
Business owners have numerous choices when it comes to selecting their legal and tax entity structures. Trying to decide between structures, such as LLCs, C…
Summer is a great time to start looking at ways to cut your business’s 2023 tax bill. Consider these ideas: Tips for Saving on Business…
Do you want to jump start your child’s retirement with a million dollar, tax-free account? Consider this: The Million-Dollar Idea As soon as your child…
Suppose you own property you intend to transfer to your loved ones. Perhaps you are considering giving your children an ownership interest in your principal…
After temporarily suspending the mailing of many collection notices during the COVID-19 pandemic, the IRS is resuming its normal operations which includes the mailing of…
Even if you think you are doing everything by the books, your business can find itself in a legal quagmire. This is because it is…
Health Savings Account (“HSA”) contribution limits for 2024 are breaking the historic trend of 1-2% increases. Next year, the amount to save for health costs…
While occupational fraud is fairly uncommon, according to the 2022 Occupational Fraud report from the Association of Certified Fraud Examiners, if it does happen it…
All owners understand the #1 rule of business – don’t run out of cash! But this is often easier said than done. One method of…
While anyone can become a scam victim, fraudsters usually turn to one demographic above all others: older adults. Here’s a look at some of the…
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