Entrepreneurs may not be content with owning a single business. They may have two or more companies going at the same time. They may own some or all … Read more about Multiple Businesses with Common Ownership: Tax Rules You Need to Know
Back to School Tax Breaks
Fall is back-to-school time for both children and adults. While schools are figuring out how to open and operate during COVID-19, businesses and … Read more about Back to School Tax Breaks
Supplement to J.K. Lasser’s Small Business Taxes 2020
The tax law is not static. Since the publication of this book, Congress has enacted a massive spending measure—the Further Consolidated Appropriations … Read more about Supplement to J.K. Lasser’s Small Business Taxes 2020
10 Things to Know about Bonus Depreciation
To run your business efficiently, you need good equipment and machinery. You may want to add to or replace what you have now. Newer versions usually … Read more about 10 Things to Know about Bonus Depreciation
Supplement to J.K. Lasser’s Small Business Taxes 2018
The tax law is not static. Since the publication of this book, the Tax Cuts and Jobs Act of 2017 (TCJA) as well as other legislation have been … Read more about Supplement to J.K. Lasser’s Small Business Taxes 2018
What the Proposed Tax Bill Means to Small Business Owners
On November 2, the House released its much-anticipated tax bill (H.R. 1 ) called the Tax Cuts and Jobs Act. The measure has many moving parts and it’s … Read more about What the Proposed Tax Bill Means to Small Business Owners
Tax Planning for Your Business in this Uncertain Period
Congress is aiming for a tax bill to be enacted before Thanksgiving. It’s unclear what will be in the bill and when the provisions will be effective. … Read more about Tax Planning for Your Business in this Uncertain Period
Why You Need to Stay in Your State’s Good Graces
Follow @BarbaraWeltman Corporations and limited liability companies (LLCs) are creatures of state law. While entity choices may have federal tax … Read more about Why You Need to Stay in Your State’s Good Graces