There has been much talk about the need for tax changes. Many tax rules put in place by the Tax Cuts and Jobs Act of 2017 (TCJA) are set to expire at … Read more about Tax Changes Expected from a New Administration and New Congress
What Is the Global Minimum Tax and Does It Impact Small Businesses
News headlines tout the growing number of countries that have agreed to a global minimum tax rate. At present, 136 countries, which accounts for over … Read more about What Is the Global Minimum Tax and Does It Impact Small Businesses
Understanding Corporate Taxes
With the dramatic cut in the corporate tax rate to 21% by the Tax Cuts and Jobs Act, there’s been some increased interest in operating as a C … Read more about Understanding Corporate Taxes
Is It Time to Terminate an S Election?
S corporations are corporations formed under state law that elect to be taxed as pass-through entities for federal income tax purposes. Most states … Read more about Is It Time to Terminate an S Election?