Proper tax planning and tax preparation considerations need to be addressed by many business owners because of an IRS ruling. Effective January 1, 2014, if a business adds service charges to … [Read more...] about WHEN A TIP LEFT AT A RESTAURANT IS NOT A TIP
LUMP-SUM DISTRIBUTION OF APPRECIATED EMPLOYER SECURITIES FROM A 401(K) PLAN
Proper tax planning and tax preparation considerations are not found when using a commercial tax preparation software package. Just imagine if you could be taxed at long-term capital gain rates rather … [Read more...] about LUMP-SUM DISTRIBUTION OF APPRECIATED EMPLOYER SECURITIES FROM A 401(K) PLAN
TAX PLANNING NEEDED – EMPLOYEE VS. INDEPENDENT CONTRACTOR
Whether you are an employer hiring independent contractors, or you are an independent contractor working for a business, you need to understand the tax planning implications of a worker classified as … [Read more...] about TAX PLANNING NEEDED – EMPLOYEE VS. INDEPENDENT CONTRACTOR
BUSINESSES OWNERS NEED TO UNDERSTAND NEXUS
Proper tax planning and tax preparation may alleviate the anxiety when a small business owner opens the envelope from a state taxing authority and learns that the state wants to conduct an audit of … [Read more...] about BUSINESSES OWNERS NEED TO UNDERSTAND NEXUS
TAX PLANNING NEEDED – SMALL BUSINESSES UNDER IRS ATTACK
Proper tax planning and tax preparation may alleviate the anxiety when a small business owner opens the envelope from the IRS and sees a letter that starts out “Notification of Possible Income … [Read more...] about TAX PLANNING NEEDED – SMALL BUSINESSES UNDER IRS ATTACK
WHY AMERICANS ARE RENOUNCING THEIR US CITIZENSHIP
Why are more Americans renouncing their US citizenship? Whereas most taxpayers likely don’t pay sufficient attention to part III of Schedule B when having their Form 1040 prepared, some Americans are … [Read more...] about WHY AMERICANS ARE RENOUNCING THEIR US CITIZENSHIP
