When comparing a partnership to an S Corp, it is important to consider the pros and cons of each, especially when it comes to creating the legal structure for your business. In addition...
Posted by Flynn Financial Group Inc on 06/18/2021
What is the trust fund penalty?The term "trust fund" has a varied meaning when applied to labor tax rather than asset management. This is the amount of payroll tax levied...
Background. Effective for each tax year beginning after December 31, 2017, an ATEO is generally subject to a special tax (currently 21%) on the amount of any employee's overcompensation...
As the saying goes, to be forewarned is to be forearmed. After preparing the Form 1099 MISC forms, stop and check if the info entered is correct. Before submitting these forms to individuals...
Posted by Carmen Garcia on 06/11/2020
Each year, there is a change in corporate governance standards to evolve, with the rapidly changing corporate landscape and keeping pace with changing investor priorities.Board members...
Real estate investment trusts (“REITs”) permit persons to invest in large-scale, income-producing real estate. Real estate investment trust (REIT) is an organization that...
When dealing with the Internal Revenue Service, a list of the protections are made available to all taxpayers called the Taxpayer Bill of Rights. The bill was passed by the Congress...
Posted by John Pournaras Agency on 05/20/2019
Working in a diverse environment and dealing with different kind of people can be difficult for the employers sometimes. To be a good employer, there is a chance where the employees...
Fulfill Your Function With FinesseCash or Accrual Accounting For Your HOA?!?!By Janet I. Behm, Enrolled Agent ...
Posted by Utah Real Estate Accountants on 02/15/2017