Business Planning
No tax deductions for business entertaining
June 1, 2018
The good news is that the TCJA of 2017 lowered corporate tax rates from a graduated schedule that reached 35% to a…read more
New tax deduction for pass-through entities
May 11, 2018
Many small businesses are pass-through entities, including S Corporations, partnerships, sole proprietorship, LLCs, and LLPs. The label indicates that all business earnings…read more
How small companies can address harassment issues
April 14, 2018
Politicians, journalists, and other celebrities are not the only ones vulnerable to charges of sexual harassment. As a business owner, you could…read more
Insuring key people at small companies
April 7, 2018
At a multinational corporation, the loss of any single employee may hardly cause a ripple in its ongoing business. That’s often not…read more
Deducting employee business expenses
March 30, 2018
If you work for a business, you might incur certain expenses that are related to your job. In some cases, those expenses…read more
Small Companies Need Plans for Natural Disasters
February 24, 2018
From East Coast to West Coast, hurricanes and wildfires recently created huge losses of lives, property, and emotional well-being. In the middle…read more
Year-End Thank You Gifts From Business Owners
January 30, 2018
During the holiday season, it’s natural for business owners to think about giving something to key individuals. On your list might be…read more
Year-End Business Tax Planning
January 5, 2018
IRC Section 179 permits “expensing,” or first-year tax deduction, of outlays for business equipment that otherwise would be recovered through depreciation over…read more
Year-End Tax Planning for Charitable Donations
December 29, 2017
Some surveys indicate that more than 30% of all charitable giving occurs in December, and that over 10% of donations are made…read more
Outlining the Trump Tax Plan
October 4, 2017
As a candidate in 2016, Donald Trump promised significant tax reform. A few months after becoming President, Trump released a one-page outline…read more