by Sarah Boehle Pool | Mar 7, 2019 | Latest News
Best practices when filing a business interruption claim Many companies, especially those that operate in areas prone to natural disasters, should consider business interruption insurance. Unlike a commercial property policy, which may cover certain repairs of damaged...
by Sarah Boehle Pool | Mar 6, 2019 | Latest News
3 big TCJA changes affecting 2018 individual tax returns and beyond When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you — besides the much-discussed tax rate cuts and reduced itemized deductions. For 2018 through...
by Sarah Boehle Pool | Mar 4, 2019 | Latest News
When are LLC members subject to self-employment tax? Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services in the form of guaranteed payments — aren’t subject to self-employment...
by Sarah Boehle Pool | Feb 28, 2019 | Latest News
Financial statements tell your business’s story, inside and out Ask many entrepreneurs and small business owners to show you their financial statements and they’ll likely open a laptop and show you their bookkeeping software. Although tracking financial transactions...
by Sarah Boehle Pool | Feb 27, 2019 | Latest News
Why you shouldn’t wait to file your 2018 income tax return The IRS opened the 2018 income tax return filing season on January 28. Even if you typically don’t file until much closer to the April 15 deadline, this year consider filing as soon as you can. Why? You can...
by Sarah Boehle Pool | Feb 25, 2019 | Latest News
Fundamental tax truths for C corporations The flat 21% federal income tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been great news for these entities and their owners. But some fundamental tax truths for C corporations largely remain the...