Should Your Business Be a C Corporation or a Pass-Through Entity?
The Tax Cuts and Jobs Act (TCJA) introduced a flat 21% federal income tax rate for C corporations...
Posts about
Business Tax (14)
Take Advantage of Expanded Tax Breaks for Business Vehicles
| The Tax Cuts and Jobs Act (TCJA) expands the first-year depreciation deductions for vehicles... |
Many Businesses Will Celebrate Tax Cuts in the New Tax Year
| Most U.S. businesses will receive a big tax cut starting with their 2018 tax years, thanks to... |
Landmark Tax Reform Bill Passes
| The new tax reform law — commonly referred to as the “Tax Cuts and Jobs Act” (TCJA) — is the... |
Could Travel Per Diems Simplify Employee Expense Reimbursements?
| The process of submitting and approving expense reports for business travel can be an... |
Successful Strategies Create Successful Mergers
| Acquiring another company and merging it with your business can be the most efficient way to... |
Are You Ready for the New IRS Partnership Audit Rules?
| Legislation enacted in 2015 established a new IRS audit regime for partnerships and limited... |
Inadequate Records Lead to Unfavorable Results for Taxpayers
| Federal tax law allows deductions for many items, such as legitimate business expenses and... |
Casualty and Theft Losses: Find the Silver Lining in Dark Clouds
| We’re in the midst of hurricane season now, but the eastern and southern shores aren’t the... |
Do You Have a Deductible Business Loss or a Nondeductible Hobby Loss?
| There’s a fine line between businesses and hobbies under the federal tax code. If you engage... |