"The New DOL Rule: What You Need to Know About Hiring Independent Contractors" To get my complete articlewith all the details… Are you hiring independent contractors? If so, the U.S. Department of Labor (DOL) just made it more difficult to classify them. This could mean higher labor costs and potential overtime payments for businesses like yours. Our latest … [Read more...]
Unlock Aircraft Tax Deductions: How to Overcome Passive Loss Limits
"Unlock Aircraft Tax Deductions:How to Overcome Passive Loss Limits" To get my complete articlewith all the details… Are you looking to unlock valuable tax deductions for your aircraft? Passive loss limitations can often trap losses, making it difficult to offset them against other income. But with the right strategies, you can break free from these tax traps and … [Read more...]
Tax Deduction Insights for Your Club Membership Dues: Lions, Masons, Shriners, and More
"Tax Deduction Insights for Your Club Membership Dues:Lions, Masons, Shriners, and More" To get my complete articlewith all the details… Are you a member of organizations like the Lions Club, Masons, or Shriners? Did you know that your membership dues might be tax-deductible? As a business owner, understanding the tax implications of these expenses can help you save … [Read more...]
A Cautionary Tale for Business Owners: Protect Yourself as a Minority Shareholder
"A Cautionary Tale for Business Owners:Protect Yourself as a Minority Shareholder" To get my complete articlewith all the details… As a business owner with partners, protecting your interests is crucial—especially if you're a minority shareholder. In our latest article, "The Cost of Trust: A Cautionary Tale for Minority Shareholders," we explore a real-life story that … [Read more...]
A “Side Fund” Increases Benefits When Cutting Social Security Taxes
A “Side Fund” Increases BenefitsWhen Cutting Social Security Taxes To get my complete articlewith all the details… Here’s good news! If you know how to play the game, you can cut those nasty Social Security taxes. The trick? Create a “side fund.” It lets you invest your savings by lowering your self-employment taxes. In other words, if you save $10,000 … [Read more...]