Sole Proprietors
-
Many factors are involved when choosing a business entity
Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work best…
Read More: Many factors are involved when choosing a business entity -
You may owe “nanny tax” even if you don’t have a nanny
Have you heard of the “nanny tax?” Even if you don’t employ a nanny, it may apply to you. Hiring a house cleaner, gardener or…
Read More: You may owe “nanny tax” even if you don’t have a nanny -
10 facts about the pass-through deduction for qualified business income
Are you eligible to take the deduction for qualified business income (QBI)? Here are 10 facts about this valuable tax break, referred to as the…
Read More: 10 facts about the pass-through deduction for qualified business income -
Launching a small business? Here are some tax considerations
While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have started new small businesses. Many of these people start…
Read More: Launching a small business? Here are some tax considerations -
PPP adjusted to prioritize very small businesses
When the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) last year, the program’s stated objective was “to provide a direct incentive for…
Read More: PPP adjusted to prioritize very small businesses -
PPP loans have reopened: Let’s review the tax consequences
The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of January 11. If you’re fortunate to get a PPP…
Read More: PPP loans have reopened: Let’s review the tax consequences
Stay current on weekly blogs by following our social media posts on LinkedIn, Facebook, and Twitter.