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Retirement options for a non working spouse
In many couples, there is one spouse that might not
Purchasing equipment before year-end?
Purchasing equipment before year-end can provide significant tax benefits due to depreciation rules. Depreciation allows businesses to deduct
Hiring independent contractors became harder in 2024
We have numerous blog posts on the difference between a) employees and b) independent contractors based on the
Consider tax loss harvesting to reduce your tax liability
First, what is this harvesting? – no, you do not need to live in a farm. Tax loss
Restaurants in the cross hairs of the IRS authorities for tax evasion
At this point, our readers should be aware that there are certain industries that are more subject to
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BOI filing is back
On December 23rd, the US Court of Appeals - Fifth circuit reinstated the BOI (Beneficial Ownership information) filing requirement. The reinstatement made
Careful electing your business partners – S Corporation shareholder liable for stolen funds
You need to be extremely careful on how you get in business with. You might end up being liable for ghost income,
Purchasing equipment before year-end?
Purchasing equipment before year-end can provide significant tax benefits due to depreciation rules. Depreciation allows businesses to deduct the cost of equipment