Tax Hive Blog
Enjoy these timely and informative articles that can help you make informed decisions about your business.
Choosing an Entity for Your Business
Becoming an entrepreneur is a big step in a person’s life, with accompanying challenges and great benefits. From an asset protection standpo …
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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 am …
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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 …
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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 sm …
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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 retireme …
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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 pla …
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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 …
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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 bu …
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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 …
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