Business
One of the biggest tax-related questions for business owners is whether the IRS will classify an activity as a business or a hobby. The answer
October 28, 2024
No Comments
Blog
Category: Business
Business
A solid buy-sell agreement is crucial for any business owner, especially those in closely held companies, to ensure smooth transitions and protect their financial interests.
October 28, 2024
No Comments
Small Business Tax Help
As a business owner, it’s crucial to stay informed about the latest tax reporting requirements, especially with changes that can impact how you report income.
October 28, 2024
No Comments
Business
If you’re a U.S. business owner with financial interests abroad, navigating tax compliance can be a challenge. Whether you hold funds in a foreign bank
October 28, 2024
No Comments
Business
The Corporate Transparency Act (CTA), which takes effect on January 1, 2024, will have significant implications for business owners. Its main goal is to promote
October 28, 2024
No Comments
Tax Fraud
Fraud and Tax Evasion Lessons for Business Owners: The Case of a Federal Head Start Program Director
When it comes to fraud and tax evasion, it’s not just a matter of breaking the law—it’s a betrayal of trust that impacts everyone involved,
October 28, 2024
No Comments
Business Startup Taxes
Running a successful business in 2024 requires more than just a good idea—it demands strategic planning, effective management, and attention to financial details. In this
October 16, 2024
No Comments
Business
Running a business as a partnership offers numerous advantages, but it also comes with its own set of responsibilities and tax considerations. Whether you’re new
October 14, 2024
No Comments
Inheritance Taxes
As a business owner, there may come a time when you’re asked to serve as the personal representative (PR) of an estate, either for a
October 11, 2024
No Comments
Tax deductions
Understanding the difference between repairs and improvements is critical for business owners, especially when it comes to tax deductions. Misclassifying these expenses can result in
October 9, 2024
No Comments
