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Tax Issues That Arise When Converting a Home into a Rental

Published on May 24, 2022

Article Highlights: Reason for Conversion Basis Depreciation Cash Flow versus Tax Profit or Loss Passive…

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The Story Behind the Success at Chief

Published on May 19, 2022

People are no longer shocked by women in the C-Suite. As female empowerment in the…

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Why Employee Classification is of Paramount Importance

Published on May 6, 2022

Not too long ago in Orlando, Florida, a federal investigation uncovered a situation where 22…

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Modern era accounting professionals – no longer just tax planning

Published on May 5, 2022

To say that there is a lot going on in the world right now is…

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Team Meeting

S CORPORATION REASONABLE SALARY REQUIREMENT

Published on May 3, 2022

Article Highlights: Payroll Taxes Corporate Officers Employees of a Corporation Reasonable Salaries Factors Flow-Through Deductions…

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Proactive Planning

Why Proactive Planning is More Important Than You Realize

Published on April 28, 2022

Fail to plan or plan to fail There’s an old saying that reminds us “if…

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business budgeting

Business Budgeting… It’s Still an Invaluable Practice

Published on March 24, 2022

Business budgeting is ignored by most small businesses. According to one recent study, only about…

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Corporations: Do you really want to pay those dividends?

Published on December 10, 2021

If you invest in stocks, you probably look forward to receiving dividend checks (or notices…

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Tax Information Reporting Requirement for Cryptocurrency Added by Infrastructure Bill

Published on November 20, 2021

Over the last 3 years, the Internal Revenue Service has been engaged in a virtual…

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Is a SEP Retirement Plan Right for You?

Published on August 10, 2021

Like many small business owners, you probably find yourself very busy in the wake of…

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