Anyone who owns a closely held business with at least one other partner needs to take certain steps to guard

Your sales team closes a custom order for a new customer. Then the production crew works diligently to meet the

When an employer pays an expense reimbursement or advance to an employee - regardless of whether the employee incurs or

A good way to start is to consider the practices of your peers. This doesn't mean you have to copy them.

At minimum, keep tax records for as long as the IRS has the ability to audit your return or assess additional taxes...

AVOID TAX SCAMS WITH VIGILANCE AND COMMON SENSE.
Scammers have targeted US taxpayers for decades with various schemes, often

Starting a new business is an exciting time. But before you even open the doors, you generally have to spend a lot of money.

3 INCOME-TAX-SMART GIFTING STRATEGIES If your 2015 tax liability is higher than you'd hoped and you're ready to transfer

Tax credits reduce tax liability dollar-for-dollar, making them particularly valuable. Two valuable credits are especially for small businesses that offer

WHAT'S YOUR CHARITABLE DONATION DEDUCTION? When it comes to deducting charitable gifts, all donations are not created equal.

While the IRS does not offer deductions for Ramen noodles and beer, there are many college related expenses which do qualify for...

When business owners start to feel the choking effect of a slow cash flow, they often blame their customers. "Why