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11
JUL
2022
The tax obligations if your business closes its doors

The tax obligations if your business closes its doors

Sadly, many businesses have been forced to shut down recently due to the pandemic and the economy. If this is your situation, we can assist you, including taking care of the various tax responsibilities that must be met. Of course, a business must file a final income tax return...
13
JUN
2022
The “dividends-received deduction” may take some of the bite out of a C corporation’s tax bill. Here’s how.

Is your corporation eligible for the dividends-received deduction?

The “dividends-received deduction” may take some of the bite out of a C corporation’s tax bill. Here’s how.
11
APR
2022
Tax issues to assess when converting from a C corporation to an S corporation

Tax issues to assess when converting from a C corporation to an S corporation

Operating as an S corporation may help reduce federal employment taxes for small businesses in the right circumstances. Although S corporations may provide tax advantages over C corporations, there are some potentially costly tax issues that you should assess before making a...
08
NOV
2021
There are many factors to consider when choosing a business entity. Here are just a few.

Many factors are involved when choosing a business entity

There are many factors to consider when choosing a business entity. Here are just a few.
17
MAY
2021
Business owners that operate as an S corporation are subject to income tax, but not self-employment tax, on their share of the entity’s income. Here’s how the rules work.

An S corporation could cut your self-employment tax

Business owners that operate as an S corporation are subject to income tax, but not self-employment tax, on their share of the entity’s income. Here’s how the rules work.
19
APR
2021
To keep executive compensation deductible, C corporation owners want to ensure it’s reasonable. Otherwise, it could be deemed a dividend. Here’s why it matters.

Know the ins and outs of “reasonable compensation” for a corporate business owner

To keep executive compensation deductible, C corporation owners want to ensure it’s reasonable. Otherwise, it could be deemed a dividend. Here’s why it matters.
22
MAR
2021
What is the best choice of entity for a new business venture? It might be an S corporation. Here’s why.

Is an S corporation the best choice of entity for your business?

What is the best choice of entity for a new business venture? It might be an S corporation. Here’s why.
16
FEB
2021
Buying or selling a business may be the largest transaction you’ll ever make. Pay attention to taxes. After a deal is done, it may be too late to get the best tax results.

What are the tax implications of buying or selling a business?

Buying or selling a business may be the largest transaction you’ll ever make. Pay attention to taxes. After a deal is done, it may be too late to get the best tax results.
28
DEC
2020
Are you reconsidering the choice of entity for your business? These are several factors to consider when converting from a C corporation to an S corporation. Here are four of them.

The right entity choice: Should you convert from a C to an S corporation?

Are you reconsidering the choice of entity for your business? These are several factors to consider when converting from a C corporation to an S corporation. Here are four of them.
09
MAR
2020
SMALL BUSINESS TAX BRIEF FOR MARCH 9

Determine a reasonable salary for a corporate business owner

When it comes to executive compensation, C corporation owners need to keep it “reasonable.” Here’s why.
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