Buy & Sell Agreement: Protect Your Business
If you are buying a business that will include more than one co-owner, you need a buy-sell agreement—period. You have [...]
Can You Deduct Related Party Losses?
Here’s a tax rule that can make you unhappy. If you sell property to a related party, you may not [...]
Three Ways to Increase Revenue
Often times when business owners plan ways to increase profits, they focus on attracting more customers and making more sales. [...]
Deductible Back-To-School Expense
Parents: Some of your back to-school expenses might actually be tax deductible. For example, if you make annual donations to [...]
IRS Tips for Natural Disaster
Hurricanes and tropical storms affect many of us, and no one is immune to natural disasters in general. Currently heavy [...]
Tax Rules on Gambling Winning and Losses
If you gamble periodically, then you need to read this. We want to share with you three basic tax rules [...]
Tax for Legal Marijuana
The legal marijuana industry is booming across the United States. But there are tax problems: since marijuana is still a [...]
SEP or 401K?
Tax-free compounding is like a miracle drug for your retirement. That’s one big reason we recommend a retirement plan. And [...]
Deducting Start Up Costs
Are you planning on starting a new business? This is very exciting, and we want to make sure you maximize [...]