A business entity is an organization created to carry out business. The type of business entity determines how a company is taxed and its exposure to liabilities.SummaryA business...
Posted by Daniel P Vigilante CPA and Profit Consultants on 01/27/2021
Opening up the business of your choice is not a walk in the park. It is not enough that you have the necessary capital to invest in the type of shop or store that you have been planning...
Posted by Rosovich & Associates, Inc. on 12/03/2020
There are many reasons you may wish to close your business. At The TaxAdvocate Group, LLC., you can get the help you need to tie up all loose ends and close up shop, properly. ...
Posted by The TaxAdvocate Group, LLC on 10/27/2020
If you had employees, you will also need to file a final employer’s federal tax return and a final unemployment return. These can be filed according to the regular due...
Posted by Unifirst Financial & Tax Consultants on 10/27/2020
There was a historic adjustment made by the Tax Cuts and Jobs Act (TCJA) to the federal tax code. Although this triggered a significant tax break with many business entities, many...
QBI, also known as qualified business income deduction is a form of tax deduction that allows business owners and qualified self-employed people to deduct as much as 20% out of their...
Posted by Schneiderman and Friedman on 03/22/2021
One of the oldest and most popular forms of business is the sole proprietorship. It has stood the test of time due to its simplicity, ease of setup, and nominal cost. A sole proprietorship...
Posted by BRIAN PRZYSTUP & ASSOCIATES LLC on 12/28/2019
For many people, becoming your own boss and leaving daily commutes and the 9-to-5 behind is a dream come true. If you’re a go-getter with the professional chops and the...
As the sole proprietor, you’re basically in charge of your business. While considering the tax code, you as well as your own business are just one single entity. And, it entails...
Posted by Niner's Accounting & Tax Services, LLC on 07/16/2018
