Moira M. Fair

Small Business Alert: Bankruptcy Debt Limits Soon Could Drop

Market uncertainties are causing some small businesses to struggle. If you're among them and are considering filing for bankruptcy, you may need to act fast. A temporary change in the laws that determine which debtors are eligible for certain bankruptcy protections is scheduled to expire in June 2024. Unless Congress passes legislation to extend the higher limits, fewer small businesses will qualify for these protections. Here's what you need to know.

Help Wanted: Hiring Your Kids to Work for Your Small Business

If you own a small business and have children in high school, technical school or college, you...

Dos and Don’ts for Business Expense Deductions

As tax seasonheats up, companies of all kinds and sizes will be on the hunt for ways to reduce...

Year-End Bonuses: Tax Issues for Employers and Employees

The holidays are often referred to as "the most wonderful time of year"—and, for some people,...

Year-End Holiday Parties and Gifts: What’s Taxable?

The holidays are just around the corner, and now is the time for employers to start thinking about...

4 Strategies to Strengthen Your Small Business

Even at the best of times, the future is unpredictable. As anyone who has run a business for any...

M&A Reminder: Earnouts Bring Critical Tax Considerations

Merger and acquisition (M&A) activity is widely expected to pick up this year, after a lull in...

Workouts: A Practical Alternative to Formal Bankruptcy Proceedings

Is your company teeteringon the edge of bankruptcy? In the wake of the pandemic, many small...

Cash In on Corporate Deductions for Charitable Donations

Most people already understand the tax rules for individual charitable donations, including...

Applying for Private Business Loans with Confidence

Business borrowers aren't just facing higher interest rates today. The terms of new loans have also...