
Switching To An S Corporation Could Lower Your Self-Employment Tax Bill
If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to lower your SE tax liability is to convert your business
If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to lower your SE tax liability is to convert your business
One of the most contentious issues when valuing businesses is how to factor elements of control into the equation. Users of valuation reports often assume a controlling interest is entitled
As year end approaches, many businesses will soon be preparing for their annual audits. One key consideration is ensuring there are no potential conflicts of interest that could compromise the
Is your organization looking to build a more family-friendly workplace? Among the more visible ways to do so is to provide child care for employees. Problem is, the costs of
Payable-on-death (POD) and transfer-on-death (TOD) accounts are attractive estate planning tools because they allow assets to pass directly to named beneficiaries without going through probate. This can save time, reduce
As the seasons change, fall brings more than just cooler weather and colorful leaves—it’s also the unofficial kickoff to year-end planning for many organizations. While payroll might not seem like
With fewer federal grants available to non-profit organizations, the competition to qualify for funding — from all sources, including foundations — has become more intense. Now, more than ever, your
If your business sponsors health care benefits for its employees, you know the costs of doing so are hardly stable. And unfortunately, the numbers tend to rise much more often
Under current federal income tax rules, so-called personal interest expense generally can’t be deducted. One big exception is qualified residence interest or home mortgage interest, which can be deducted, subject
If you or your managers suspect fraud is occurring in your organization, you can’t afford to wait to act. According to the Association of Certified Fraud Examiners, the longer an