Plan Ahead for Tax Considerations Involving the Sale of a Business

December 23, 2019

Having an idea of the potential sale structure scenario and after-tax proceeds can be a valuable planning tool during the lifecycle of business ownership.View

The Impact of the Wayfair Decision on Remote Sellers

October 25, 2019

By now, most businesses have hopefully heard of the Wayfair decision rendered by the U.S. Supreme Court. For those who have not, or who might have dismissed the decision as not applicable, the Wayfair decision basically rewrote the definition of nexus for sales tax purposes.View

Plan Ahead for Taxes When Selling a Business

June 27, 2019

When starting a new business or managing the operations of an existing business, having a general understanding of potential sale structure scenarios is a valuable planning tool that should be considered at inception and reviewed periodically over the lifecycle of business ownership.View

S Corporation Shareholder Compensation: What Should I Be Thinking About?

May 2, 2019

Here are a few considerations that should be evaluated when determining compensation payments to shareholders in an S Corporation.View

Potential Implications of New Business Interest Expense Deduction Limitations

March 1, 2019

The Tax Cuts and Jobs Act (TCJA) is generally viewed as providing opportunities to reduce Federal income taxes paid with respect to business activities. For the most part, that is true. However, there are some potentially negative components of the TCJA.View

Qualified Opportunity Zones Offer Potential Tax Benefits When Selling a Business

January 18, 2019

When owners are considering a sale of their business as an exit strategy, identifying how much will be remain after paying taxes can be a critical component of the decision processes.View

Updates on 6 Business-Related Provisions of the Tax Cuts and Jobs Act

October 12, 2018

The IRS has begun to issue guidance on various components of the Tax Cuts and Jobs Act. Here are updates on six key areas that affect many businesses.View

Year-End Tax Planning in the Post-Tax Cuts and Jobs Act Era

August 17, 2018

The annual tax planning process typically begins each fall. It can be the most critical component of the annual relationship cycle between a business owner and their CPA.View

Confused About the New Rules for Tax Deductions on Meals and Entertainment? You’re Not Alone

April 26, 2018

Effective January 1, 2018, no tax deduction will be permitted for entertainment costs and meal costs previously fully deductible under the “for the convenience of the employer” criteria will now be subject to a 50 percent deduction limitation.View

C Corporation vs. Pass-Through in a Post Tax Cuts and Jobs Act World

March 4, 2018

The evaluation of C Corp vs. pass-through entity status should go beyond a simple comparison of tax rates. There are many other factors to consider and they are highly dependent on your company’s individual circumstances.View