Tax Hive Blog

Enjoy these timely and informative articles that can help you make informed decisions about your business.

13 Potential Risks to Your Assets You Should Know About

13 Potential Risks to Your Assets You Should Know About

With 1.3 million lawyers in the country, and considering the percentage of high asset individuals, there are not a lot of assets to share among those lawyers looking for a ... READ ARTICLE
IRS Determination of Self-Employment and Your Obligations

IRS Determination of Self-Employment and Your Obligations

One thing you can count on when it comes to the IRS is that they offer plenty of online and print resources to help you to make certain that you ... READ ARTICLE
IRS Guidance for Closing a Business

IRS Guidance for Closing a Business

There are several reasons for closing a business, not all of them due to finances or a poor business climate. Whatever the reason(s), the small business owner should be as ... READ ARTICLE
Give Your Retirement Plan a Checkup

Give Your Retirement Plan a Checkup

The tax advantages both during your working years and in retirement can be quite generous, but only if you set up and maintain your retirement plan in accordance with tax ... READ ARTICLE
7 Things to Know About the Probate Process

7 Things to Know About the Probate Process

Many business owners and high-income individuals struggle with the decision of whether to take on the many and complex details of estate planning. Understanding the basics of the probate process ... READ ARTICLE
Umbrella Insurance – Is It Right For Me?

Umbrella Insurance – Is It Right For Me?

There is a funny old saying that “Only Americans would add flavor to their meat by adding more meat.” I am not sure if it is true, but we do ... READ ARTICLE
Rental Property – Is it an Investment or Does it Qualify as a Business?

Rental Property – Is it an Investment or Does it Qualify as a Business?

There is a nice list of tax advantages available to rental real estate investors, but the list gets longer if the activity qualifies as a business with the IRS instead ... READ ARTICLE
Income Generation vs Income Protection – Where is Your Time Best Spent?

Income Generation vs Income Protection – Where is Your Time Best Spent?

Owning and operating a business can be the most rewarding thing you can do for your financial future. Along with all the good stuff usually comes with a whole lot ... READ ARTICLE
Could a Lease Back Work Well for Your Business?

Could a Lease Back Work Well for Your Business?

Whatever your business, you share common goals with all business owners. You want to operate at a profit, and you want to grow the value and size of your business ... READ ARTICLE

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