Sale of Sole Proprietorship
Capital gains are generally taxed, but if you’re selling a sole proprietorship, you may have some flexibility. Read more in this Business Tip.
Planning for Business Expansion
Rapidly growing business? Consider planning for business expansion, including buying other businesses or franchising. Learn more in this Business Tip.
Business Overhead Expense Insurance
If you were to become disabled, would your business survive without you? Luckily, there is an insurance for that. Learn all about it in this Insurance Tip.
Renting or Leasing Property to Your Business
You can rent property to your business when you own real estate or personal property that your business can use. Find out how in this Business Tip.
Avoiding Unreasonable Compensation
What’s a fair wage for an employee-shareholder? The IRS determines if compensation is reasonable on a case-by-case basis. Learn more in this Tax Tip.
Business Owners: What It Really Costs to Accept Plastic
Business owners: Do you know what it costs to accept credit cards? Read all about it in this Business Tip.
Executive Bonus (Section 162) Plans
Employers can use bonus plans whenever they want to attract, motivate, and retain key employees. Read more in this Business Tip.
Insurance Tips for Business Travelers
Those who travel for work have unique insurance needs. If you’re frequently on the road, read this week’s Insurance Tip.
Keep Track of Meal & Entertainment Expenses
Meals and entertainment expenses may be tax deductible. The IRS has strict rules on what qualifies. Read more in this Business Tip.
Are You Required to File 1099s?
Businesses: Don’t forget to issue contractors Form 1099-MISC if you paid them more than $600 for services during the year. Learn more in this Business Tip.