16 Tax Issues Facing Small Business Owners in 2014
Small-business owners and high-income taxpayers may have a challenging 2014 when it comes to taxes. Learn more in this Business Tip.
Did You Collect the Needed W-9s?
It is good practice to have independent contractors sign IRS Form W-9 the first time you use them. Read more in this Business Tip.
Tax Savings Using Cost Segregation
In order to claim substantial reductions in current income tax liabilities and possibly increase cash flow, an investor must first begin by properly classifying investments in a building between real and personal property. Cost segregation allows a taxpayer to separately depreciate components of a building over a shortened depreciation period. For more information on cost segregation and to determine if a study will benefit you, read this C.P.A. Insight.
Retirement Plans Most Appropriate for Self-Employed/Sole Proprietorship/Partnership
Both the self-employed and small businesses can establish retirement plans to provide benefits for you and your employees. Read more in this week’s Business Tip.
Starting a Business Checklist
Starting a business soon? We have a checklist to help get you started with financing, taxes, insurance and more. Read more in this Business Tip.
Year-End Tax Planning for Businesses
Businesses have some hefty tax breaks expiring at year-end. Luckily, there is still time to take advantage of them. Read all about them in this Tax Tip.
It Takes a Village to Create a Business
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains how you have to spend money to make money when starting a business. Read the Article
Below-Market Executive Loans
There is no such thing as an interest-free loan, even if you are an executive of a nonpublic company. Read more in this Business Tip.
How Much Is Your Closely Held Business Worth?
If a sale of a closely held business is between family members or friends, the sale price may reflect that relationship. Read more in this Business Tip.
‘Use-It-or-Lose-It’ Rule Modification
Flexible spending account plans may adopt a new $500 carryover rule, modifying the “use-it-or-lose-it” rule. We explain in today’s Marietta Daily Journal.