2 min read
A job loss is bad but the tax implications could make it worse
Unemployment has been holding steady recently at 3.7%. But there are still some people losing their jobs — particularly in certain industries...
We have prepared a selection of frequently asked questions.
2 min read
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
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
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
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
When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need...
2 min read
The Employee Retention Tax Credit (ERTC) was introduced back when COVID-19 temporarily closed many businesses. The credit provided cash that helped...
2 min read
Meet Alex, a high-level executive who's accumulated a significant amount of low-basis stock in his company. Alex is keen to diversify this...
2 min read
No one likes to make a mistake. This is especially true in business, where a wrong decision can cost money, time and resources. According to the...
2 min read
The so-called “kiddie tax” can cause some of a child’s unearned income to be taxed at the parent’s higher marginal federal income tax rates instead...
2 min read
The job market remains relatively tight for businesses looking to fill open positions or simply add top talent when the fit is right. That means it’s...
2 min read
The IRS recently announced various 2024 inflation-adjusted federal tax amounts that affect individual taxpayers.
2 min read
Restricted stock awards are a popular way for companies to offer equity-oriented executive compensation. Some businesses offer them instead of stock...
2 min read
Perhaps you’ve been in this situation before: You have a financial emergency and need to get your hands on some cash. You consider taking money out...