Reasons for S corp switch
Changing from a C corporation setup to the S corporation setup can be beneficial, but there are numerous factors toRead more.
Preserve Section 1031 exchanges The IRS has recently announced that it will be scrutinizing “Section 1031 exchanges” of real estateRead more.
Tax Break in small business law
Dear Friends of Our Firm, The Small Business Jobs and Act of 2010, signed by President Obama on Sept. 27,Read more.
Year-end tax moves for individulas for 2010
Dear Friends of Our Firm, It’s difficult to formulate a year-end plan in the current political environment. Nevertheless, following areRead more.
Advice to Clients in Uncertain Markets
In the “flash crash” on May 6, 2010, the Dow Jones Industrial Average dropped nearly 1,000 points only to recoverRead more.
Dealing With Clients in Financial Distress
Managing receivables is difficult in the best of times, and these challenges have been made even more difficult by theRead more.
Plan Ahead: New 1099 rules
The new health insurance legislation imposes significant new tax reporting requirements. In essence, you will have to report most annualRead more.
Tax incentives for employing a spouse
A common approach used by many business owners is to hire their spouse as an official employee. Hiring your spouseRead more.