U.S. election likely to have major tax impact
Having won control of the White House, the Senate and the House of Representatives, Republicans have the opportunity to move...
Strategies for debt collections
Getting paid is not always straightforward. Customers frequently have reasons, good or bad, for delaying payment but the result is...
Consider taxes when choosing your business structure
Are you starting a business or considering changing your business’s legal structure? If so, you have a number of choices...
Renting to family can be taxing
As housing rents continue to rise, you may be thinking about helping family members out by renting them a residential...
Classify independent contractors carefully
Many businesses use independent contractors to help keep costs down and provide flexibility for short-term needs. But the question of...
Does the Corporate Transparency Act apply to your business?
Does the Corporate Transparency Act apply to your business? Under the Corporate Transparency Act (CTA), many businesses are now subject...
What expenses can you write off from your business?
You may be able to keep more of your earrings or avoid running afoul of the IRS by knowing what...
To get an “early” tax refund, adjust your withholding
If you received a large refund this year, you may want to adjust your withholding. Each year, millions of taxpayers...
The advantages of hiring your own children for summer jobs
If you’re a business owner and you hire your children this summer, you may be able to get tax breaks...
Tax responsibilities when closing a business
Businesses shut down for many reasons, including owner’s retirement, lease expiration, staffing shortages, partner conflicts and increased supply costs. Regardless...
