by Admin | Aug 24, 2026 | Business Taxes, Tax Planning
For many business owners, succession planning is one of the most important decisions they will ever make, yet it is often delayed until the owner is nearing retirement, facing health problems, or reacting to a crisis. That is usually too late. A good succession plan...
by Admin | Aug 17, 2026 | Business Taxes, Entrepreneurial
For many business owners, compensation starts as a practical question: what is the right amount to pay myself, and how do I keep the business running efficiently? That is a reasonable place to begin. The mistake is assuming the answer, once set, should stay the same...
by Admin | Aug 14, 2026 | Business Taxes, Entrepreneurial
The right entity is rarely obvious on day one. It often becomes clear only after you look at the business as a whole. Many business owners dismiss C corporations almost immediately because they have heard about “double taxation.”That concern is real. It is part of the...
by Admin | Aug 13, 2026 | Business Taxes, Entrepreneurial
With gas prices soaring it has been expected the IRS would increase the mileage rate that business owners can deduct for vehicle use instead of keeping a record of actual expenses. Sure enough, the IRS recently announced a 3.5-cent increase in the optional mileage...
by Admin | Jul 15, 2026 | Business Taxes, Entrepreneurial
Starting a new business can be expensive, but the tax rules offer relief: certain start up and organizational expenses, like market research, advertising, training, professional fees and filing costs to form a company can be deducted instead of waiting until you sell...
by Admin | Jul 9, 2026 | Business Taxes, Individual Taxes
Summer brings weddings, camps, teen paychecks, weekend trips and sometimes the chance to rent your home for a short-term event. Those warm-weather plans make memories — and they can also change the way you file your taxes. This guide explains, the most common summer...
