Choosing the best entity for your business is a multi-faceted decision. Here’s a look at the some of the considerations.

Posted on November 16, 2023
Choosing the best entity for your business is a multi-faceted decision. Here’s a look at the some of the considerations.
Posted on October 26, 2023
Complex calculations are involved in claiming depreciation deductions for the business use of a passenger automobile. Here are the basic rules.
Posted on October 11, 2023
You want to be able to deduct business expenses on your tax return. But in order to be deductible, expenses must be ordinary, necessary and reasonable. Here are the rules.
Posted on October 2, 2023
The leaves are beginning to turn in some areas so it’s time for businesses to start thinking about year-end tax strategies. It’s also a good time to think about the fourth quarter 2023 tax filing deadlines.
Posted on September 19, 2023
Inflation has some beneficial side effects. One is that the amount of depreciation tax breaks your business can claim has increased for 2023. Here are the rules.
Posted on August 15, 2023
Some businesses receive large amounts of cash. Depending on the amounts, they may be required to report the transactions to the IRS.
Posted on August 9, 2023
You can operate your small business in several ways. For example, your entity can be a sole proprietorship, an S corporation or a partnership. Here are the advantages of operating as a limited liability company (LLC).
Posted on July 27, 2023
There may be a way to reduce a large tax bill if you own appreciated land that you want to subdivide and develop for sale. Here’s a three-step strategy.
Posted on July 24, 2023
When spending money personally on behalf of your closely held corporation, you want to ensure the expenses are tax deductible by either you or the business. Here are the key considerations.