by Admin | Sep 12, 2023 | Business Taxes, Entrepreneurial, Tax Planning
If your partnership has been treating you and other partners as employees of a disregarded entity owned by the partnership so the partners can participate in employee benefit plans and receive other employee benefits, you’d better read this. Tax regulations (1) issued...
by Admin | Sep 12, 2023 | Business Taxes, Entrepreneurial, Tax Planning
A recent Stanford study reviewed the aftermath of the Enron collapse and the repercussions to Enron’s accounting firm’s former clients. The primary trend they identified was when former clients issued accounting restatements or revisions because of...
by Admin | Sep 12, 2023 | Entrepreneurial, Individual Taxes, Tax Planning
Deductions When a Rental Property Is Converted to a Personal Residence Converting a rental property to a personal residence raises unique tax implications. If you own a home that you currently rent out and are thinking of converting the property to use as your...
by Admin | Aug 22, 2023 | Business Taxes, Entrepreneurial, Tax Planning
The Inflation Reduction Act that President Biden signed into law in August of 2022, has a provision that could benefit many small business startups, allowing them to potentially double the amount of the research and development tax credit that can be used against...
by Admin | Aug 22, 2023 | Entrepreneurial, Tax Planning
we can all agree that Scarlett Johansson and Tom Hiddleston act for a living. Likewise, the artists whose works sell for millions are clearly in the art business. It took a commitment but they’ve transcended the joy of the activity they love to making a...
by Admin | Jul 26, 2023 | Entrepreneurial, Tax Planning
Ask any experienced entrepreneur and they will tell you that the difference between running a business and running a successful business is massive. To truly give yourself the best chance of success, and to help achieve your overall goals in the most effective ways...
