There are many benefits to being your own boss, but the first step in starting a new business is picking the right entity in which to operate that business. As discussed below, there are many types of structures available for a new business, and the...
As you plan for potential tax policy changes under the new presidential administration, take the opportunity to identify and mitigate tax risk issues. According to the 2024 BDO Tax Strategist Survey, only 40% of respondents had implemented a tax risk mitigation and response strategy, which...
The IRS's annual "Dirty Dozen" memo lists 12 scams you should watch out for. This education effort wants to protect you from tax traps like identity theft or being misled into claiming tax credits you're not entitled to....
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