Dividend Treatment

Tax-Wise Ways to Take Cash From Your Corporation While Avoiding Dividend Treatment

As you may know, dividends paid out by a corporation are taxable to shareholders and can’t be deducted by the business. But there may be ways to get cash out of your closely held corporation without dividend treatment.
vehicle credit

Clean Vehicle Credit Can Be Transferred to Car Dealer to Offset the Purchase Price

A special election allows a tax credit to be applied to reduce the cost of a vehicle purchased. This makes it easier for taxpayers to make down payments.
withholding

Navigating Taxation and Withholding Requirements for Non-Resident Aliens

As businesses expand their operations, understanding nonresidents' taxation and withholding requirements is crucial for both the nonresident and employer.
Education Credits Aren't Just For Children's Tuition cover

Education Credits Aren't Just For Children's Tuition

If you think that education credits are just for sending your children to college, think again; tax credits are available to you.
healthcare

Healthcare Considerations for Boomers in Retirement

Our comprehensive guide for Baby Boomers covers everything from understanding Medicare options and supplemental insurance to long-term care considerations.
Dividend

Strategies for Extracting Cash from Your Corporation Without Dividend Treatment

Dividends paid out by a corporation are taxable, but there may be ways to get cash out of your closely held corporation without dividend treatment.
third-party

What You Need to Know About Third-Party Tax Authorizations

There are times when you may need to authorize a third-party to represent you when dealing with the IRS. But how do you navigate the authorizations?

Coordinating SEC. 179 Tax Deductions With Bonus Depreciation

There’s more than one way for businesses to claim depreciation tax deductions. By combining them, you can get optimal tax-saving results.