As An Entrepreneur You May Need A Business Exit Strategy When you start running a business, you probably don’t think about stopping. You think about growing, profiting, and building a brand. But almost every entrepreneur – regardless of how long they’ve been in business – is wise to think about an exit strategy. An exit

The Internal Revenue Service has advised taxpayers that in many cases they can continue to deduct interest paid on home equity loans. Responding to many questions received from taxpayers and tax professionals, the IRS said that despite newly enacted restrictions on home mortgages, taxpayers can often still deduct interest on a home equity loan, home

We’re right in the middle of tax season. If you’re a small-business owner, then you’re looking to take every single deduction you’re entitled to. One deduction you don’t want to overlook is depreciation. As experts in in accounting and taxation for small businesses, we wanted to explain what depreciation is and how you can use it to reduce your tax burden by potentially thousands of dollars...

For businesses, tax benefits include a reduction in the corporate tax rate, increase in the bonus depreciation allowance, an enhancement to the Code Sec. 179 expense and repeal of the alternative minimum tax. Owners of partnerships, S corporations, and sole proprietorships are allowed a temporary deduction as a percentage of qualified income of pass-through entities,

According to the U.S. Bureau of the Census, about 90% of American businesses are family-owned. These businesses employ about half of the workforce in the United States. Furthermore, family-owned businesses account for 64% of the nation’s gross domestic product. If you are the owner of a family business, then you can be proud that your hard

Bitcoin, Ethereum, Monero—these are just a few names of the more than 1,000 types of cryptocurrencies in existence today. But what is cryptocurrency? Is it just a lot of hype? Or does it really represent the beginning of the end of paper money? As experts in financial planning and accounting we wanted to tell you what cryptocurrency is and where it might be headed in the future.