We have prepared a selection of frequently asked questions.
2 min read
Maurice La Verdure: Jun 5, 2024 2:16:55 PM
After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you’re buying a business, you...
2 min read
Maurice La Verdure: May 10, 2024 9:58:20 AM
There are several financial and legal implications when adding a new partner to a partnership. Here’s an example to illustrate: You and your partners...
2 min read
Maurice La Verdure: May 10, 2024 9:50:33 AM
It’s not unusual for a partner to incur expenses related to the partnership’s business. This is especially likely to occur in service partnerships...
2 min read
Maurice La Verdure: May 10, 2024 9:40:23 AM
Most people are genuinely appreciative of inheritances, and who wouldn’t enjoy some unexpected money? But in some cases, it may turn out to be too...
2 min read
Maurice La Verdure: Apr 16, 2024 3:58:31 PM
If your business doesn’t already have a retirement plan, it might be a good time to take the plunge. Current retirement plan rules allow for...
2 min read
Maurice La Verdure: Apr 16, 2024 3:48:46 PM
If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax required minimum...
2 min read
Maurice La Verdure: Apr 16, 2024 3:41:43 PM
Open enrollment for most health care plans is many months away. That makes now a good time for businesses to consider changing their...
2 min read
Maurice La Verdure: Apr 16, 2024 3:32:53 PM
Some people mistakenly believe that Social Security benefits are always free from federal income tax. Unfortunately, that’s often not the case. In...
2 min read
Maurice La Verdure: Mar 7, 2024 9:10:52 AM
Unemployment has been holding steady recently at 3.7%. But there are still some people losing their jobs — particularly in certain industries...
2 min read
Maurice La Verdure: Mar 7, 2024 9:07:35 AM
Few and far between are businesses that can either launch or grow without an infusion of outside capital. In some cases, that capital comes in the...
2 min read
Maurice La Verdure: Mar 7, 2024 9:00:33 AM
If you want to withdraw cash from your closely held corporation at a low tax cost, the easiest way is to distribute cash as a dividend. However, a...
2 min read
Maurice La Verdure: Mar 7, 2024 8:53:10 AM
If you’re gathering documents to file your 2023 tax return and you’re concerned that your tax bill may be higher than you’d like, there might still...
2 min read
Maurice La Verdure: Feb 8, 2024 11:59:25 AM
When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need...
