Business Use of Life Insurance: Death Benefit Only Plans
Employers may consider a death benefit only life insurance plan as a benefit for highly compensated employees. Read more in this week’s Business Tip.
Business Owners: Compensating Yourself
As a business owner, compensating yourself can be complicated as the IRS is very interested in what you do! Learn more in this week’s Business Tip.
Funding a Business
What are your options for business funding? Surprisingly, there are more options than just a bank loan. We explain in this week’s Business Tip.
Group Term Life Insurance
Group term life insurance may be a benefit your employer offers. Learn some of the basics of this benefit in this week’s Insurance Tip.
Employers, Don’t Miss the Work Opportunity Tax Credit
Employers are eligible for the work opportunity tax credit through 2019 for hiring individuals from targeted groups. Learn what they are in this week’s Business Tip.
Planning for Succession of a Business Interest
When you want to retire from being a business owner, you will have to sell or give away your business interest. We explain in this week’s Business Tip.
Big Business Write-Offs Available
The PATH Act extended bonus depreciation and made the Section 179 deduction’s higher expensing amount permanent. Read more in this week’s Business Tip.
Sale of Interest in LLC, LLP, LP, PC
Selling a business interest can yield a gain or loss, but the tax treatment varies depending on the business entity. Learn more in this week’s Business Tip.
Health Insurance/Group Medical Used in Business
Health care coverage is a great employee benefit, and employers have choices in what they offer. We explain in this week’s Business Tip.
Don’t Have a Retirement Plan? Maybe a SEP Is the Answer
Just finished your business’s books for 2015? You have up to the due date of your business tax return to establish a SEP. Learn more in this week’s Business Tip.