Employment Tax Considerations in Starting a Business

Employment Tax Considerations in Starting a Business When you decide to start a business venture, there are a myriad of things to consider.  We regularly assist small business owners, especially start-up businesses, walking them through the steps that need to be taken in order to make the business official and legal.  There are many ways… Read more »

Tax Consequences of Distributions in a Business

Tax Consequences of Distributions in a Business When you decide to start a business venture, there are a myriad of things to consider.  We regularly assist small business owners, especially start-up businesses, walking them through the steps that need to be taken in order to make the business official and legal.  There are many ways… Read more »

Basis Limitations and the Deductibility of Losses for a Business under the Internal Revenue Code

Basis Limitations and the Deductibility of Losses for a Business under the Internal Revenue Code When you decide to start a business venture, there are a myriad of things to consider.  We regularly assist small business owners, especially start-up businesses, walking them through the steps that need to be taken in order to make the… Read more »

The Tax Implications of Allocations of Income or Loss Items in a Business

The Tax Implications of Allocations of Income or Loss Items in a Business When you decide to start a business venture, there are a myriad of things to consider.  We regularly assist small business owners, especially start-up businesses, walking them through the steps that need to be taken in order to make the business official… Read more »

Taxation of Business Income and Loss

Taxation of Business Income and Loss When you decide to start a business venture, there are a myriad of things to consider.  We regularly assist small business owners, especially start-up businesses, walking them through the steps that need to be taken in order to make the business official and legal.  There are many ways a… Read more »

Comparison of Subchapter K v. Subchapter S

Comparison of Subchapter K v. Subchapter S Both Subchapter K and S of the Internal Revenue Code (IRC) are pass-through tax structures in which the members of the entity are taxed for the entity’s income, gains, losses, and expenses on their individual tax returns.  That is where the similarities end.  There are several differences discussed below… Read more »

Ownership Restrictions Relating to Tax on a Businesses

Ownership Restrictions Relating to Tax on a Business When you decide to start a business venture, there are a myriad of things to consider.  We regularly assist small business owners, especially start-up businesses, walking them through the steps that need to be taken in order to make the business official and legal.  There are many… Read more »

The Tax Consequences of Capital Contributions in a Business

The Tax Consequences of Capital Contributions in a Business When you decide to start a business venture, there are a myriad of things to consider.  We regularly assist small business owners, especially start-up businesses, walking them through the steps that need to be taken in order to make the business official and legal.  There are… Read more »

What Factors Should You Consider When Starting a Business?

What Factors Should You Consider When Starting a Business? When you decide to start a business venture, there are a myriad of things to consider.  You have possibly already chosen the purpose of your venture and what it is you are going to make, do, or sell.  You have probably also played around with what… Read more »

2015 Small Business Tax Update

2015 Small Business Tax Update In the height of the economic downturn, Congress enacted several temporary tax incentives to spur economic growth.  Congress votes yearly whether to extend these incentives, make them permanent, or let them expire.  This year, several incentives were kept and some were allowed to expire.  This article provides general information on… Read more »