Sep.9, 2024
Navigating tax complexities: Craft partnership agreements and LLC operating agreements with precision
Partnerships are often used for business and investment activities. So are multi-member LLCs that are treated as partner...
Sep.5, 2024
Cash or accrual accounting: What’s best for tax purposes?
Your businesses may have a choice between using the cash or accrual method of accounting for tax purposes. The cash meth...
Sep.3, 2024
Keys to Succession Planning
Financial institutions are facing the same challenges that all businesses are facing: a shrinking workforce and successi...
Aug.28, 2024
New Required Filing: Beneficial Ownership Information (BOI) Reporting
If your business can be defined as a “reporting company” under the Corporate Transparency Act (CTA), you may need to com...
Aug.26, 2024
The possible tax landscape for businesses in the future
Get ready: the upcoming presidential and congressional elections may significantly alter the tax landscape for businesse...
Aug.22, 2024
Business website expenses: How they’re handled for tax purposes
Most businesses have websites today. Despite their widespread use, the IRS hasn’t issued formal guidance on when website...