Virtual currency has gone mainstream. AT&T recently announced that its customers can use Bitcoin to pay their phone bills. Other big companies that accept Bitcoin include Microsoft,…Read More
Blog
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Navigating a Global Expansion
Is your business part of the global economy? If not, it may be losing out on some revenue- and value-building opportunities. However, “going global” obviously isn’t as…Read More
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The Key to Retirement Security Is Picking the Right Plan for Your Business
There are many retirement plan options for small business owners and their employees. Here’s a quick rundown of three of them.Read More
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The Untouchables: Getting a Handle on Intangibles
The average company’s balance sheet understates its value by 80%, according to Sarah Tomolonius, co-founder of the Sustainability Investment Leadership Council. Why? Intangible assets aren’t recorded on…Read More
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The Tax Implications of a Company Car
The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This benefit results in tax deductions for the employer…Read More
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Should You Elect S Corporation Status?
One of the most popular business structures is the S corporation because of its liability protection and tax benefits. Could it work for you?Read More
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Expanding Retirement Plan Options for Businesses
A new final rule issued by the Department of Labor will allow more businesses, including self-employed individuals, to offer multiple employer plans (MEPs) that provide their employees a defined contribution planRead More
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Claiming Your Parent as a Dependent
If you pay over half the cost of supporting a parent, he or she is considered your dependent for federal income tax purposes — which may qualify…Read More
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The IRS Is Targeting Business Transactions in Bitcoin and Other Virtual Currencies
Is your small business accepting or using bitcoin or other virtual currencies yet? Familiarize yourself with the tax consequences, because the IRS is targeting users who fail to report and pay tax on transactions.Read More
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The Clock May Be Ticking on Corporate Stock Redemptions
Favorable individual federal income tax rates established by the Tax Cuts and Jobs Act (TCJA) are scheduled to expire at the end of 2025. But some analysts…Read More