When spouses jointly own and operate a business, the tax equations become different for them. There is a special provision for Qualified Joint Venture (QJV) for such couples. This...
C Corporations often deal with a complex web of taxation. At glance, it might seem that they have extreme tax burdens (which is partially true also). But IRS offers...
Transfer tax planning is key to passing on your wealth with fewer taxes. With proper transfer tax planning, you can significantly lower estate, gift, and GST taxes. We often...
Following the foundational steps laid out in Part 1 of our series, we now venture into the critical phases of growth and operational excellence. As your partners in accounting...
2024 is going to be a roller coaster ride for investors. As the election is up and a lot of legislative changes will kick in, investors have to stay...
Are you planning to start a new business? Well, it’s an excellent thought. But to build a successful career, you will need strategic planning. Only strategic planning can help...
A partnership firm is formed when two or more individuals form a business entity. This process combines their resources, expertise, and talent to run a business. The core idea...
A C corporation, or “C Corp,” is a type of business formation that’s recognized under the United States federal law. It is governed by the Internal Revenue Cord. This...
Charitable contributions are a great way to disperse your funds and, at the same time, can help reduce your tax liability. Contributions typically fall into three primary categories: cash,...
At CROWNGLOBE, we help many small businesses manage their taxation. During the consultation stage, we often find one thing common in almost each of these Small Businesses: They pay...