Small Business
Deliberate Tax Free Compounding is the Secret of the Golden Flower
I am getting to be an old man now and so profoundly thankful that the...
IRS Proposes Elimination of Automatic Filing Extensions for W-2 Forms
I tend to harbor deep resentment whenever the IRS proposes more restrictions on job creating...
Why to Revoke An S Election and How to Do It – Internal Revenue Code Section 1362(d); Reg § 1.13626(a)
Many entrepreneurs get caught up in selecting the "most appropriate business structure" - particularly people...
Defining Small Employer with Regards to Offering Health Insurance
Many business owners of all sizes have been posting to this blog lately with concerns...
LLC Income is INDEED Subject to Self Employment Tax: IRS Chief Counsel Advice 201436049
In 1997, the IRS issued proposed regulations governing when the distributive share of partnership income...
2014 Depreciation Limits on Luxury Autos: IRS Rev Proc 2014-21
According to 26 U.S. Code § 280F - Limitation on depreciation for luxury automobiles the...
Take Care Closing Down An LLC – IRC 752 – Treatment of Certain Liabilities
A taxpayer reading one of my blog posts from Ishpeming, Michigan was compelled to call...
What is the best Business Structure to form If Any?
What I love most about Colorado, more than the 300+ days of sun every year...
