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?