Small Business

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Deliberate Tax Free Compounding is the Secret of the Golden Flower

01/08/2016
I am getting to be an old man now and so profoundly thankful that the...
Employee Business Expense / IRA / Retirement / Small Business / / Tax planning
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IRS Proposes Elimination of Automatic Filing Extensions for W-2 Forms

08/13/2015
I tend to harbor deep resentment whenever the IRS proposes more restrictions on job creating...
Employment Tax / FICA / Payroll Tax Problems / Small Business / W-2
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Why to Revoke An S Election and How to Do It – Internal Revenue Code Section 1362(d); Reg § 1.1362­6(a)

06/08/2015
Many entrepreneurs get caught up in selecting the "most appropriate business structure" - particularly people...
Employment Tax / Entity Classification / Paying Taxes / Payroll Tax Problems / Penalty / Small Business / / / Sole Proprietor / Start up costs / Sub-chapter S / Tax Abuse / Tax Guidance & Preparation / Tax Problems & Requests
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Defining Small Employer with Regards to Offering Health Insurance

05/18/2015
Many business owners of all sizes have been posting to this blog lately with concerns...
Affordable Care Act / Business Expense / Corporation / Employee Business Expense / ObamaCare / SHOP / Small Business / Sub-chapter S / Tax Credit / Tax Deductible Expenses
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LLC Income is INDEED Subject to Self Employment Tax: IRS Chief Counsel Advice 201436049

02/06/2015
In 1997, the IRS issued proposed regulations governing when the distributive share of partnership income...
Employment Tax / Entity Classification / Limited Partnership / LLC / Material Participation / Passive Activity / Payroll Tax Problems / Small Business / / Taxable Income / Uncategorized
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2014 Depreciation Limits on Luxury Autos: IRS Rev Proc 2014-21

12/28/2014
According to 26 U.S. Code § 280F - Limitation on depreciation for luxury automobiles the...
Amortization / Depreciation / Self Employ / Small Business / Tax Deductible Expenses / Tax Guidance & Preparation
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What is the best Business Structure to form If Any?

10/29/2014
What I love most about Colorado, more than the 300+ days of sun every year...
Business Expense / Business Income / Business Structure / Capital Gain / Capital Loss / Employment Tax / Limited Partnership / LLC / Net Operating Loss / Partnership / Self Employ / Small Business / Sole Proprietor / Start up costs / Sub-chapter S / Tax Guidance & Preparation
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Worker Classification & the Colorado Department of Labor & Employment

09/30/2014
Worker Classification & the Colorado Department of Labor & Employment This post is about my...
Colorado Department of Labor & Employment / Employment Tax / FICA / Payroll Tax Problems / Small Business / Tax Guidance & Preparation / Tax Problems & Requests / Unemployment
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What is an FTE? What is a Seasonal Employee?

08/15/2014
What is an FTE; what is a Seasonal Employee? My friend, confidant, mentor and expert...
Affordable Care Act / Business Expense / Employee Business Expense / FTE / Medical Expenses / Medicare / Small Business / Sub-chapter S / Tax Credit / Tax Deductible Expenses / Tax Guidance & Preparation

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