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...
Selecting the appropriate business structure is a fundamental step in launching your entrepreneurial journey. It establishes the framework for how your business operates, manages finances, and faces legal liabilities....
If you are starting a new business, you must make some critical decisions. One of those decisions is choosing the proper business structure. While there are multiple options, it’s...
An S Corporation, often called an S Corp, is a type of business entity that the U.S. tax code allows to pass its income, credits, deductions, and losses directly...
Transfer tax planning is a critical strategy to help preserve and pass your wealth to future generations. Unlike short-term income tax planning, transfer tax planning requires a long-term perspective....
The Basics of HSAs An HSA is more than just a savings account; it’s a powerful financial tool designed to offer individuals with high-deductible health plans (HDHPs) a proactive...
Tax season is here. So it’s important to ensure your family takes full advantage of the available tax benefits. This guide now includes deeper insights and technical details to...