Tax law permits you to take a distribution from your IRA account, and as long as you return the distribution to your IRA (IRS rollover) within 60 days, there are no tax ramifications. However, [...]
If you are a business owner who is accustomed to deducting business meals, treating clients to sporting events, golf getaways, concerts and the like, you were no doubt saddened by the part of the [...]
The Tax Cuts and Jobs Act has left many of today’s businesses with big questions. Incorporation remains a hot topic, but this law is shaking things up. It’s quick to assume your company should be [...]
As part of its recent tax reform, Congress included a new deduction of 20% pass-through tax deduction for trades or businesses other than C-corporations. Depending on what type of business you [...]
Four states – New York, Connecticut, Maryland and New Jersey – have sued the federal government to void the tax-reform cap on the federal itemized deduction for state and local taxes, contending [...]
Don’t just reverse the risk of a product or service warranty – remove it. Consider this fundamental point in business; whenever a customer makes a purchase, they take a risk that the product or [...]
Joe thought his business was going really well and was fond of telling everyone how he had doubled his revenue in just two years, but unfortunately his cashflow was decreasing.
