C or S Corporation Choice is Critical for Small Business When an individual outgrew a proprietorship, a corporation used to be the norm. Today, limited liability companies (LLCs) are the new normal. SeeIRS: Forming a Limited Liability Company. But if you ...
Read moreKnow Thy Customer “Your sales come from building a relationship, not from trying to sell something. You are building a relationship with a potential customer around their needs and your ability to address those needs. In order to do this you have to get to ...
Read moreHow to Beat the Defensive Pricing Game By Abram Brown www.inc.com http://www.inc.com/guides/201110/how-to-beat-the-defensive-pricing-game.html
Read moreYou may not be thinking about your tax return right now, but summer is a great time to start planning for next year. Organized records not only make preparing your return easier, but may also remind you of relevant transactions, help you prepare a response if ...
Read moreEvery year the Internal Revenue Service sends millions of letters and notices to taxpayers, but that doesn’t mean you need to worry. Here are eight things every taxpayer should know about IRS notices – just in case one shows up in your mailbox. 1. Don’t ...
Read moreThe number of federal individual income tax returns examined by the Internal Revenue Service has continuously increased over the past five years, with 1 out of every 90 taxpayers examined in fiscal year 2010, according to a statistical report released today ...
Read moreThe U.S. Court of Appeals for the First Circuit Aug. 19 upheld a Treasury regulation barring the Internal Revenue Service from granting an executor a second extension of time for filing an estate tax return unless he qualifies for one of the good cause ...
Read moreTaxpayers sometimes need tax returns from previous years for loan applications, to estimate tax withholding, for legal reasons or because records were destroyed in a natural disaster or fire. If your original tax returns were lost or destroyed, you can obtain ...
Read moreThe current economic recessions has had a hard toll, especially on small businesses. Their access to financing and their ability to shoulder tough business seasons are much less than that of bigger businesses. For this reason, many small businesses are being ...
Read moreWith the summer wedding season in full swing, the Internal Revenue Service advises the soon-to-be married and the just married to review their changing tax status. If you recently got married or are planning a wedding, the last thing on your mind is taxes. ...
Read more