Before you start your business, review these 5 important decisions. They’re essential to ensure you start and stay on the right path.
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Tax Deduction for Losses from Employee Theft and Fraud
Get a basic understanding of how the tax law can help your business recover from losses incurred as the result of employee fraud or embezzlement.
Starting or Converting a Business — LLCs
A few years ago hardly anyone had heard of limited liability companies. Now the press have nothing but good things to say about them. Is the hype justified?
Starting a Business — What to Consider
Before you start a business, there are a number of preliminary decisions to make. One of the first choices you will face is the legal form of the business.
Starting a Business – Pros and Cons of S Corporations
Here’s a checklist highlighting advantages and disadvantages of the S corporation form. Keep in mind that Congress may pass reform that could change things.
S Corporations — Audit Triggers
The rising popularity of S corporations combined with intense pressure by Congress to close the “tax gap” has created the perfect storm for more IRS audits.
5 Facts About Your Home Office Deduction
Many taxpayers, entrepreneurs and small business people may be able to take a home office deduction when filing their federal tax return next year.
Fact Sheet on Rental Income and Expenses
As the owner of rental real property, it’s important that you are aware of everything counting as income so that you do not face underpayment tax penalties.
Business Trips That Mix Business with Pleasure
Many taxpayers plan trips combining business and pleasure. Business trips in exotic locations yield personal pleasure and generate legitimate deductions.
11 Reasons Why Business Professionals Hire Koeller Thompson CPAs, PLLC
Selecting the right tax and accounting firm is an important decision. When you hire Koeller Thompson CPAs, PLLC, benefit from 12+ years experience, plus…