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 »
“Thousands of people have lost millions of dollars and their personal information to tax scams,” according to the IRS. The
Emil @ CPA Restaurant wrote – That email or text from the IRS: It’s a scam! Read More »
In the construction industry, supply-chain challenges are nothing new. They’ve just gotten much more media attention over the last few
Emil @ CPA Restaurant gives you 3 big inventory issues for construction companies Read More »
The U.S. Department of Labor (DOL) recently announced that a jury in a landmark case, Walsh v. East Penn Manufacturing
Jury awards more than $22 million in back pay to manufacturing employees Read More »
The IRS recently released its audit statistics for the 2022 fiscal year and fewer taxpayers had their returns examined as
Restaurant CPA: The best way to survive an IRS audit is to prepare Read More »
If you own or manage a business with employees, there’s a harsh tax penalty that you could be at risk
