"Navigating the NewBOI Reporting Requirements" To get my complete articlewith all the details… In light of recent legislative changes, you should stay informed about the Corporate Transparency Act (CTA) and how it impacts your business. Effective January 1, 2024, the CTA mandates that most small and medium-sized businesses submit a Beneficial Ownership Information … [Read more...]
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Create an employee-spouse “105-HRA”
Create an employee-spouse“105-HRA” To get my complete articlewith all the details… It’s a fact... The Affordable Care Act doesn’t apply to a business that has only one employee. That’s good news is your spouse is that employee. Your spouse (and you) can benefit from what I call a “105-HRA” (Health Reimbursement Arrangement). When you design it for your … [Read more...]
Create a tax-free deduction for your smart phone
"Create a tax-freededuction for your smart phone" To get my complete articlewith all the details… Here’s good news (for a change!) from the IRS... If you and/or your employees use smart phones, youcan create some nice no-hassle, tax-free fringe benefits. Want to find out how you can take advantage of Uncle Sam’s largesse? Then put down your iPhone or … [Read more...]
Navigate Your S Corporation Vehicle Reimbursement with Ease!
"Navigate Your S Corporation VehicleReimbursement with Ease!" To get my complete, FREE articlewith all the details… Does your S corporation reimburse you for the business use of your vehicle? If so, it's crucial to understand the ins and outs of reporting when you sell or trade in that vehicle. We've got you covered with expert insights and clear examples in our … [Read more...]
A Tax Road Map for the Foreigner Who Wants to Start a U.S. Business
“A Tax Road Map for the Foreigner WhoWants to Start a U.S. Business” To get my complete, FREE articlewith all the details… If you’re thinking of starting a business in the United States, prepare yourself. You’re about to enter a jungle of rules, laws, and regulations that you’ll have to navigate your way through. Our road map, which certainly can’t fit on these … [Read more...]