The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due […]
Emil @ CPA Restaurant wrote: Update on depreciating business assets Read More »
If you’re getting a divorce, you know the process is generally filled with stress. But if you’re a business owner,
Let’s say you decide to, or are asked to, guarantee a loan to your corporation. Before agreeing to act as
Guaranteeing a loan to your corporation? There may be tax implications Read More »
The SECURE 2.0 law, which was enacted last year, contains wide-ranging changes to retirement plans. One provision in the law
Does your business receive large amounts of cash or cash equivalents? If so, you’re generally required to report these transactions
If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company
Emil @ CPA Restaurant wrote: The advantages of using an LLC for your small business Read More »
Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels
Emil @ CPA Restaurant: A tax-smart way to develop and sell appreciated land Read More »
If you play a major role in a closely held corporation, you may sometimes spend money on corporate expenses personally.
Corporate officers or shareholders: How should you treat expenses paid personally? Read More »
If you own an unincorporated small business, you probably don’t like the size of your self-employment (SE) tax bills. No
Use an S corporation to mitigate federal employment tax bills Read More »
