Don’t Treat Your Business Like an ATM
One of the more challenging conversations I’ve had with some of my Clients – the implications to their Business if they treat their Business like an ATM.
In general, the act of [...]
Tax Debt Representation
Even though tax season has officially ended, if you have tax debt and/or have been notified by the IRS, you need tax debt representation.
Let’s face it. If you have tax debt with the [...]
Potential IRS Red Flags
No Accounting or Tax Blog would be complete without an article or link to an article concerning potential IRS red flags that increase the risks of an Audit or Examination.
Nothing [...]
September 2020: Stock & Debt Basis Overview with Examples and Planning Tips for Partners and (S-Corp.) Shareholders
Building on my August 2020 newsletter, I want to tackle a tax topic specific to Partners (Partnerships) and Shareholders in S-Corporations, namely, Stock and Debt [...]
Newsletter – Entities; Deductions, and Pricing
August 2020 Newsletter – Entities; Deductions, and Pricing
An old proverb once stated, “May you live in interesting times.” But interesting is not how I [...]
Accuracy in Accounting & Bookkeeping – Consequences to Small Business
Accuracy in Accounting & Bookkeeping
Accuracy in Accounting and Bookkeeping, matters and the (negative) [...]
Employer Identification Numbers (EIN) – What to Do and What to Avoid
When it comes to Employer Identification Numbers (EIN) having more is not better, in fact, it could lead to a lot of grief and have you reaching for the [...]
