Tag: IRS
ACA repeal may limit benefits of S corporations
Since the 2010 passage of the Affordable Care Act, the use of S corporations has seen a steady increase in popularity among tax advisers,...
‘Good enough’ doesn’t cut it
There’s a good reason why Debbi Fields of cookie fame is so successful, and she summed it up in an aphorism I’ll never forget:...
Applying new accounting rules in various business situations
Editor’s note: Part I two weeks ago gave an overview of the new accounting rules and their potential impact on income taxes. Part II...
IRS provides tips for miscellaneous tax deductions
WASHINGTON – The IRS last week released some tips on how to make the most of miscellaneous deductions, which might not generally fit into...
Beware of tax traps when building your LLC
In the often-intense competition to recruit and retain top talent, many partnerships and limited liability companies turn to grants of ownership. On the surface,...












