Mar 28 Why Business Succession Planning Is Important
Your business represents a big part of your wealth. Here's why you need to protect it with a succession plan, so that you can ensure the business retains its value after you're gone. ...
Mar 26 Audits, Reviews and Compilations: A Summary
Financial statements are intended to give you current information on your business's financial standing so you can make more informed decisions. There are three levels of overview you can choose to take — compilation, review or audit — and what you select will have a lot...
Mar 11 Does Your Rental Real Estate Activity Qualify for the QBI Deduction?
Knowing the requirements for Qualified Business Income (QBI) deductions can help you save taxes on your rental real estate. The IRS recently issued guidance on the 20% tax deduction for Qualified Business Income (QBI) and rental real estate activity. This post covers what you need...