When to Incorporate Your Business

When to Incorporate Your Business April 13, 2018  If you’re a business owner, one of the first questions to ask yourself is whether or not you should incorporate. The biggest advantage of incorporating is that it limits your legal liability. Your responsibility...

Tax Time Q&A

Tax Time Q&A March 14, 2018  With all of the headlines about the changes to tax law, you probably have lots of questions. Here are answers to some of the most common questions taxpayers have this year. Q: I’m hearing about a lot of changes to 2018 taxes....

New Tax Legislation Requires Planning

New Tax Legislation Requires Planning March 8, 2018  Though many taxpayers appreciate the income tax cuts in the Tax Cuts and Jobs Act (TCJA) passed late last year, others are skeptical that it will simplify their tax planning. With every simplification, there are...

Tips For When Hiring Family Members

Tips For When Your Employees Are Family Members. February 26, 2018  Working with family can be a pleasure. It can also be a pain, especially if you have to terminate a family member’s employment. Here are tips to help you ease the strain of mixing your family...

Taxes and Virtual Currencies

Taxes and Virtual Currencies : What You Need to Know February 28, 2018 Virtual currencies are all the rage lately. Here are some tax consequences you must know if you decide to dip your toe in that world. The IRS Pays Close Attention. The first thing to know is that...

New 2018 Capital Expense Rules

New 2018 Capital Expense Rules February 1, 2018 There are many provisions in the tax reform bill passed in late 2017 designed to benefit small business owners. They include a lower corporate tax rate as well as a special tax reduction for business structures taxed as...