As a business owner, you’re constantly seeking ways to optimize your company’s financial health. One often overlooked strategy is the effective use of employee benefits. Using employee benefits to...
Welcome to the often-overlooked world of e-commerce sales tax – an area that most new businesses hate to talk about! But as you are operating an online store, you’ve...
Foreign-Derived Intangible Income (FDII) is a U.S. tax provision designed to encourage domestic corporations to maintain and utilize their intellectual property within the United States. Enacted as part of...
What if we told you that your company’s next big innovation could set you apart in the market and significantly reduce your tax bill? Well, it’s a reality made...
For small business owners, minimizing tax liability is key to their financial health. This involves not just understanding current profits and losses but also anticipating future changes in tax...
Introduced in 2017 under the Tax Cuts and Jobs Act, the Section 199A deduction offers a significant tax break to pass-through entities. So, if you are a pass-through entity,...
The economic nexus is a tax collection criterion that significantly expanded the scope of sales tax obligations for businesses. Traditionally, a business needed to have a physical presence, like...
Depreciation provisions like Section 179 and Bonus Depreciation are great options for businesses to maximize their tax deductions. But what is the difference between these two? How can you...
When you are running a small business, it’s important to identify every opportunity to cut your operational costs. One of the best ways to do this is by utilizing...
If you are a high-net-worth individual, tax planning is a critical component in managing your wealth. You need to deploy effective tax strategies to retain and grow your wealth....