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Is your money-losing activity a hobby or a business?
Let’s say you have an unincorporated sideline activity that you consider a business. Perhaps you offer photography services, create custom artwork or...
We have prepared a selection of frequently asked questions.
2 min read
Let’s say you have an unincorporated sideline activity that you consider a business. Perhaps you offer photography services, create custom artwork or...
2 min read
Success in business is often measured in profitability — and that’s hard to argue with. However, liquidity is critical to reaching the point where a...
2 min read
Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering...
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Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this...
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When drafting partnership and LLC operating agreements, various tax issues must be addressed. This is also true of multi-member LLCs that are treated...
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Get ready: The upcoming presidential and congressional elections may significantly alter the tax landscape for businesses in the United States. The...
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Most businesses have websites today. Despite their widespread use, the IRS hasn’t issued formal guidance on when website costs can be deducted.
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While many facets of the economy have improved this year, the rising cost of living and other economic factors have caused many businesses to close...
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Are you buying a business that will have one or more co-owners? Or do you already own one fitting that description? If so, consider installing a...
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If you own a closely held corporation, you can borrow funds from your business at rates that are lower than those charged by a bank. But it’s...
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Employees, self-employed individuals, and employers all pay Social Security tax, and the amounts can get bigger every year. And yet, many people...
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Every type of company needs to devise a philosophy, strategy and various policies regarding compensation. Family businesses, however, face additional...