nonprofit
Blog

Nonprofit Purpose and Tax-Exempt Status

March 7, 2019,

For many nonprofits, tax-exempt status is everything. The first step in obtaining tax exemption should be defining your nonprofit’s purpose.

business ownership
Blog

Business Structure: Which Works Best for You

February 19, 2019,

Here are the upsides and downsides to various business structures: Sole Proprietorships, LLCs, C-corps, S-corps and Partnerships.

independent contractor agreement
Blog

Work with Independent Contractors? How to Avoid an IRS Crackdown

January 10, 2019,

Behavioral control, financial control, and relationship of the parties are all aspects to consider when classifying workers as employees or independent contractors.

tax time clock
Blog

Tax Time: A Guide to Completing the Schedule C

December 4, 2018,

If you operate a sole proprietorship or single-member LLC, make sure you know how to complete the Schedule C Form.

two business people discuss contract
Blog

A Guide to the S Corporation

November 15, 2018,

Of all the business entities someone could form, the S corporation is likely the most widely misunderstood. Should you structure your business as an S Corp, C Corp or LLC?

stethoscope on piggy bank
Blog

Summer is Almost Over – How Fit is Your Business?

Learn what reports and information will provide useful insight into whether your business is in shape to perform at its best the rest of the year.

earning statement paycheck
Blog

How to Explain Paycheck Withholdings, Deductions & Contributions to Your Employees

July 19, 2018,

42% of all employees say taxes and deductions on their paycheck are confusing to read and understand. Here’s how to help employees understand their paycheck withholdings, deductions and contributions.

stressed about taxes
Blog

Why 36 Percent of Entrepreneurs Aren’t Filing Taxes

June 21, 2018,

36 percent of self-employed workers do not pay taxes. Why? How can these entrepreneurs avoid being audited?

business meeting
Blog

S Corporation vs. C Corporation: Which Entity is Best for Your Small Business?

June 7, 2018,

What’s the difference between an S Corporation and a C Corporation? Read this blog to learn whether an S Corp or C Corp is the best fit for your small business.

tax deductions
Blog

What are the Qualified Business Deductions Under the Tax Cuts and Jobs Act?

April 11, 2018,

The Tax Cuts and Jobs Act (TCJA) created a new 20% deduction for pass-through entities. Though the IRS has not fully interpreted the new rules—which won’t go into effect until the 2019 tax season—many of the implications are clear. Many are not.

2018 tax laws
Blog

Pass-Through Entities Under the Tax Cuts and Jobs Act

April 4, 2018,

The passage of the Tax Cuts and Jobs Act (TCJA) brought renewed focus upon pass-through entities (PTEs). In spite of their widespread popularity, PTEs are commonly misunderstood. While thought of primarily as small businesses with few employees that generate a fraction of overall business profits, the truth about PTEs tells a very different story.

Pages