As we enter 2024, it’s crucial for business owners to stay on top of the latest tax updates and maximize their opportunities for tax efficiency. Here are the key federal
If your small business is facing a challenging year in 2024, you might be feeling the pressure. However, there’s a silver lining: you may be able to mitigate some of
In today’s competitive job market, attracting and retaining top talent is more challenging than ever. Offering a competitive salary is important, but it’s often the fringe benefits that make the
Crowdfunding has emerged as a powerful tool for raising funds, whether you’re launching a new product, supporting a social cause, or looking to back an innovative idea. For business owners,
A recent U.S. Supreme Court ruling has sent ripples through the world of small business, with significant implications for how closely held businesses are valued for estate tax purposes. The
As a business owner, you may think that issuing a 1099 form is a task reserved for payments made to individual contractors or small businesses. However, recent regulations might surprise
If you’re running your business as a C corporation, understanding the implications of the Accumulated Earnings Tax (AET) is crucial. The AET is a 20% penalty tax imposed by the
In a recent case that underscores the critical importance of tax compliance, Alabama chiropractor Gary Forrest Edwards was indicted on charges including tax evasion and filing false tax returns. Edwards
Aircraft ownership can be an attractive proposition for business owners, offering convenience, flexibility, and potential tax benefits. However, when structured through an S Corporation, the tax implications can become complex
Former Illinois State Senator William McCann, Jr., has faced significant legal repercussions following his misuse of campaign funds, resulting in a prison sentence of 42 months and an order to