A business valuation is a critical component of a successful exit strategy. Without knowing what your business is worth in the marketplace, it would be difficult to determine a …
Succession Planning: Here’s why you Need a Business Valuation
Month: February 2020
Have a Home Office? You Might be Eligible for Home Office Deductions
If you’re self-employed and work out of an office in your home, you may be entitled to home office deductions. However, you must satisfy strict rules.
Using an S Corporation may Reduce your Taxes
Depending on your entity type, you’re subject to both income tax and self-employment tax. There may be a way to cut your tax bill by using an S corporation.
The Wayfair Ruling: What this Sales Tax Case Means for Nonprofits
Some of the laws surrounding the Wayfair decision could ensnare nonprofits that make taxable sales to other states — even if similar sales aren’t taxable in their home states.
Cash Flow Series: Sailing the Seas of Business on a Healthy Cash Flow
Having a healthy cash flow is critical to keeping your company in prime shape to seize profitable opportunities and overcome financial challenges.
Nine Tax Rules for Sole Proprietors
Many people who launch small businesses start out as sole proprietors. Here are nine tax rules and considerations involved in operating as that entity.
Succession Planning: How to Start the Journey of Selling a Business
One of the best ways you can start this journey it is to familiarize yourself with the process of selling a business.
You may be Eligible for a Tax Credit if your Employees Receive Tips
If you own a business where tipping is customary, you may qualify for a tip tax credit involving FICA taxes that you pay on your employees’ tip income.