Home Office Deductions: More Complex Than They Seem
It’s not always easy to figure out which home office write-offs are acceptable and which are not approved by the IRS. Below is a summary of the key provisions to …
Contemplating a Merger or Acquisition?
If you are the owner of a small or midsize business who is looking toward retirement, this could be the time to start thinking about selling your company. Or maybe …
Cutting Costs During Inflationary Times
The inflationary cycle we are now in is causing anxiety for many consumers. Then, there is the prospect of a future recession. It is enough to make one’s head spin. …
How to Manage Inventory
Do you always have the necessary products available when you need them? Have you lost out on business because items were out of stock? Have you lost money due to …
You Don’t Have a Business Plan – Why?
A business plan helps counterbalance your emotional response to your business so that you can step back and take an objective look at the following: A business plan also helps …
IRS Provides Guidance on Schedules K-2 and K-3
The IRS has provided further details on additional transition relief for certain domestic partnerships and S corporations preparing the new schedules K-2 and K-3 to further ease the change to …