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Articles tagged: Accounting-Auditing-Taxation
How to Know if You Can Claim the Qualified Business Income Deduction On Your Taxes
The QBI deduction allows owners of most pass-through entities to deduct up to 20% of their QBI on their taxes. Are you eligible? Read More
The Importance of an Integrated Financial System in Your Business Infrastructure
An integrated financial system allows your business to automate financial processes, keep data current and make better financial decisions. Read More
‘Know Thy Numbers’ Installment #4- Cash is King: Cash Gap and Working Capital
The time between cash outflow and cash inflow, when cash is low, is called cash gap. Learn how to calculate and improve your cash gap. Read More
Little-Known IRA Rollover Rule Has Big Consequences
Avoid making the Forbes Top Tax Cases list with a review of the IRA rollover rule, which limits the number of IRAs you can rollover per year. Read More
Exploring Opportunity Zone Tax Benefits for Real Estate Investors
Qualified Opportunity Zone (QOZ) funds reduce taxes on real estate capital gains, but are opportunity zone tax benefits better than those of 1031 Exchanges? Read More
Fundamentals of Corporate Structures and Their Effects on 4 Types of Equity Offerings
Four types of equity offerings issued by LLCs & corporations have benefits & drawbacks for investors. Learn about stock, LLC units and convertible debt. Read More
IRC Tax Section 280E Update and Potential Tax “Loophole” for Cannabis Companies
Cannabis companies have felt the weight of IRC tax section 280E for a long time, but changes to the tax code may allow them to deduct from taxable income. Read More
In Wake of Tax Reform, Private Placement Life Insurance Has a Rising Role
Trump’s tax reforms eased tax rates on America’s wealthiest, which means opportunities in the private placement life insurance marketplace. Read More
Multi-Generational Tax Strategy for High Net Worth Families
To protect wealth for future generations, high-net-worth families shoud consider private placement variable annuities in their estate planning tax strategy. Read More
That’s SOC, Not SOX: SOC Reports Audit the Safety of Company Data
An SOC report tells business owners, buyers and fiduciary directors if their data is being safely managed by a service organization. Should you request one? Read More