Tax tips when buying the assets of a business
May 20, 2024
When buying a business, you may not focus on taxes. But the way the transaction is structured can lead to better or worse tax results after the acquisition.
Coordinating Sec. 179 tax deductions with bonus depreciation
May 17, 2024
There’s more than one way for businesses to claim depreciation tax deductions. By combining them, you can get optimal tax-saving results.
An overview for employers of the FTC’s new ban on non-competes
May 16, 2024
Employers have long used noncompete agreements to protect proprietary info and key customer relationships. But that won’t be an option anymore when and if the FTC’s recent ban on noncompetes takes effect.
It’s almost time for a midyear checkup on your company’s financial health
May 15, 2024
Time flies when you’re busy running a business. It’s important to pause at midyear and assess interim financial performance. Otherwise, you could be surprised by your company’s year-end results.
When do valuable gifts to charity require an appraisal?
May 14, 2024
If you donate valuable assets to charity and don’t follow certain requirements, the charitable tax deduction may be denied. Here are some answers to questions about how to protect your deductions.
The tax advantages of including debt in a C corporation capital structure
May 13, 2024
There are potential federal income tax advantages when you include debt in the capital structure of a C corporation. Here’s a rundown.
