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Articles tagged: Accounting-Auditing-Taxation
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
SBA Threatens Audits: Should You Return Your PPP Loan Funds?
New SBA audits could expose PPP loan fraud for those who cannot certify applications made in good faith. Should you return PPP loan funds now? 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
The Impact of Revenue Recognition Changes to Business Practice
Changes to revenue recognition standards took effect in 2019 for private companies. See how your business practices should change. Read More
Cannabis Companies and the Marijuana Tax: It’s Not Easy Being Green
Cannabis companies are overwhelmed by taxation and restrictions on their expense deductions via Section 208E, but new legislature may ease the pressure. Read More
Making Charitable Donations: Seven Practical Considerations
Being Selfless While Also Watching Out For Your Wallet You may desire to be philanthropic, but handing over money may not be the most effective way to make charitable donations. Donors must confront many issues before making substantial gifts to a charity. If you’re considering making a donation to a nonprofit, here are seven practical […] Read More