Sole Proprietors
-
Tax essentials for sole proprietors
Many small businesses start out as sole proprietorships. This structure is simple and inexpensive to establish and maintain — and it gives the owner direct…
Read More: Tax essentials for sole proprietors -
Self-employed? Don’t overlook valuable tax deductions
If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick overview of the filing requirements…
Read More: Self-employed? Don’t overlook valuable tax deductions -
Should your business consider a fiscal year end?
Most businesses close their books for tax and accounting purposes on December 31 because it aligns with the calendar year. But a calendar year isn’t…
Read More: Should your business consider a fiscal year end? -
How will taxes affect your merger or acquisition?
Whether you’re selling your business or acquiring another company, the tax consequences can have a major impact on the transaction’s success or failure. So if…
Read More: How will taxes affect your merger or acquisition? -
Run a business with your spouse? You may encounter unique tax issues
Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues. The partnership issue An unincorporated…
Read More: Run a business with your spouse? You may encounter unique tax issues -
Lower your self-employment tax bill by switching to an S corporation
If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to lower your SE tax liability…
Read More: Lower your self-employment tax bill by switching to an S corporation
Stay current on weekly blogs by following our social media posts on LinkedIn, Facebook, and Twitter.