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Small Business Owners

Examine 6 Factors to Classify Workers as Employees or Independent Contractors

In January 2024, the U.S. Department of Labor (DOL) issued its long-awaited final rule related to...

Installment Sales Can Be a Win-Win for Buyers and Sellers

For federal income tax purposes, an installment sale is when at least one payment of proceeds from...

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...

QBI Deduction: Use It or (Possibly) Lose It

The qualified business income (QBI) deduction is available to eligible individuals through 2025....

Exploring Alternative Financing Options for Your Business

Access to capital and funding are among the most pressing concerns that CFOs face today. With...

Spelling Out the Rules for the Net Unrealized Appreciation Tax Break

Are you a small business owner or corporate owner holding appreciated company stock in your 401(k)...

5 Ideas to Help Small Business Owners Reduce Taxes for 2023

As year end approaches, small business owners should review their tax situations to determine ways...

Planning a Graceful (and Profitable) Exit from Your Small Business

At some point, every business owner leaves the company, either voluntarily through retirement or...

Businesses: It's Time to Get Ready for the New Corporate Transparency Reporting Rules

Attention: Your business may soon have to meet new reporting requirements that take effect on...

Partnerships: Tax Considerations When Adding a New Partner

Are you considering inviting an employee or an outsider to participate in your existing...