Should you elect S corporation status?
Operating a business as an S corporation may provide many advantages,…
The IRS is targeting business transactions in bitcoin and other virtual currencies
Bitcoin and other forms of virtual currency are gaining popularity.…
Employee pickup of SPDs isn’t a good idea
Many organizations have employees who become eligible for benefits…
Businesses can utilize the same information IRS auditors use to examine tax returns
The IRS uses Audit Techniques Guides (ATGs) to help IRS examiners…
M&A transactions: Avoid surprises from the IRS
If you’re considering buying or selling a business — or you’re…
Bartering: A taxable transaction even if your business exchanges no cash
Small businesses may find it beneficial to barter for goods and…
Which entity is most suitable for your new or existing business?
The Tax Cuts and Jobs Act (TCJA) has changed the landscape for…