Tax Hive Blog

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

What is a Qualified Joint Venture for Spouses in Business?

What is a Qualified Joint Venture for Spouses in Business?

What is a Qualified Joint Venture? A “qualified” joint venture is a joint venture that conducts a trade or business: Is where the members of the joint venture are a ... READ ARTICLE
What Happens to My Business if I Die Without a Will?

What Happens to My Business if I Die Without a Will?

Dying Intestate is Complicated “Intestate” means that someone has died without leaving a valid last will and testament. Though there are many common factors, because state law is involved, dying ... READ ARTICLE
What are the Tax Implications of Interest Income?

What are the Tax Implications of Interest Income?

Interest on money and other assets is important not only to savers but also to investors who move money into some accounts to maintain liquidity. There are many good reasons ... READ ARTICLE
What are the Tax Implications for Royalties?

What are the Tax Implications for Royalties?

What are Royalties Royalties are payments for the use of your property. That property can be intellectual, such as music, movies, writing, etc. or physical property such as oil from ... READ ARTICLE
What are the Tax Implications for Dividend Income?

What are the Tax Implications for Dividend Income?

What are Dividends When companies and some mutual funds earn profits, they share them with shareholders through the payment of dividends. They are typically paid quarterly as cash, though they ... READ ARTICLE
Should I Put My Spouse or Children on the Payroll?

Should I Put My Spouse or Children on the Payroll?

You may have heard that putting your child or your spouse on the payroll is a good idea because it can cut down on your tax obligations. Adding any new ... READ ARTICLE
Can I Pay My Taxes with a Credit Card (For Rewards)?

Can I Pay My Taxes with a Credit Card (For Rewards)?

We’ll begin this article with the title and that you’re not paying taxes with a credit card because you don’t have the money to pay, and you’re late. It can ... READ ARTICLE
Selling on Amazon? What Business Entity is Right for You?

Selling on Amazon? What Business Entity is Right for You?

Is Amazon a Good Place for Your Business? If you sell something, almost anything, Amazon.com could be a great place to do it. It’s a huge marketplace, with more than ... READ ARTICLE
How the IRS Treats Differently Product vs. Service Businesses?

How the IRS Treats Differently Product vs. Service Businesses?

General Differences Between Products and Services Businesses The differences between businesses that primarily sell products versus those that sell services will help in understanding why the IRS has some very ... READ ARTICLE

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