insightstaxes Possible tax consequences of guaranteeing a loan to your corporation What if you decide to, or are asked to, guarantee a loan to your corporation?…KSDT MarketingAugust 17, 2021
taxes Large cash transactions with your business must be reported to the IRS If your business receives large amounts of cash or cash equivalents, you may be required…KSDT MarketingAugust 11, 2021
taxes The deductibility of corporate expenses covered by officers or shareholders Do you play a major role in a closely held corporation and sometimes spend money…KSDT MarketingJuly 27, 2021
taxes Getting a new business off the ground: How start-up expenses are handled on your tax return Despite the COVID-19 pandemic, government officials are seeing a large increase in the number of…KSDT MarketingJuly 21, 2021
taxes Who in a small business can be hit with the “Trust Fund Recovery Penalty?” There’s a harsh tax penalty that you could be at risk for paying personally if…KSDT MarketingJuly 13, 2021
taxes 10 facts about the pass-through deduction for qualified business income Are you eligible to take the deduction for qualified business income (QBI)? Here are 10…KSDT MarketingJuly 6, 2021
taxes Eligible Businesses: Claim the Employee Retention Tax Credit The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and…KSDT MarketingJune 30, 2021
taxes Traveling for business again? What can you deduct? As we continue to come out of the COVID-19 pandemic, you may be traveling again…KSDT MarketingJune 24, 2021
taxes An S corporation could cut your self-employment tax If your business is organized as a sole proprietorship or as a wholly owned limited…KSDT MarketingMay 24, 2021
taxes Help ensure the IRS doesn’t reclassify independent contractors as employees Many businesses use independent contractors to help keep their costs down. If you’re among them,…KSDT MarketingMay 12, 2021