Enjoy these timely and informative articles that can help you make informed decision about your business.
If you have invested before, you may be familiar with the saying “follow the big money.” It is usually used when discussing stock market investing and investing where the
In business, there are expenses of operation and management, all usually deductible against income for taxes. For most, you spend the money, then you take the deduction which results
While owning a small business has always been exciting and almost always financially rewarding, the challenges to success seem to be multiplying. With the entrance of various tax initiatives
Since COVID-19 entered the picture, the U.S. economy and job market have been in flux. Between increased unemployment benefits and other incentives to stay at home, there are approximately
A good place to start in a discussion of business depreciation is how the IRS defines it:
Section 1.263(a)-2(a) provides that capital expenditures include the costs of Read More
During National Small Business Week in September 2021, the IRS issued a news release reminding business owners to correctly identify their workers as employees or independent subcontractors
. Though there i Read More
To understand the difference between the LLC (Limited Liability Company) and the LLP (Limited Liability Partnership) forms of business entity structure, it is best first to understand the common
The government loves titles and long descriptive terms, so many things end up mostly being referred to by acronyms. When it comes to business formations or tax entities, LLP
A qualified joint venture is a special tax election made by a married couple who is jointly running a business.
With that short and sweet definition out