Deducting Health Insurance: Special Rule for Self-Employed Taxpayers
Are you self-employed? You may be able to deduct 100% of the insurance premiums paid at the end of the year without itemizing deductions.
Are you self-employed? You may be able to deduct 100% of the insurance premiums paid at the end of the year without itemizing deductions.
The original PPP loan forgiveness application practically required an accounting degree to figure it out. We explain the SBA’s new simplified form: SBA Form 3508EZ.
Certified Exit Planning Advisor, K.C. Smith, CFP®, explains how important it is for business owners to have a plan so they can sell their business at a maximum price with the best terms when they are ready to retire.
Business Owners: Records management is vital because it can help you analyze where your business is and, more importantly, where it’s going.
While it may seem too risky to launch a business with coronavirus and an impending global recession, we offer three reasons why a recession is a great time to launch a startup.
Own a business? If you pay an independent contractor $600 or more for the calendar year, you are required to issue a Form 1099-NEC soon after the end of the year to avoid penalties.
We explain how the payroll tax deferral could affect your business.
If you own a business and have employees working remotely, you may need to take a closer look at how nexus will be addressed.
Wealth transition and succession planning were always complicated processes—COVID-19 did not do it any favors.
Certified Exit Planning Advisor, K.C. Smith, CFP®, explains how a business valuation can help you position your business more attractively for a buyer.