Congratulations! You've joined a startup and received equity in the form of restricted stock or stock options. This is an exciting opportunity, but it also comes with potential tax implications.…
Choosing the right legal structure for your business is a crucial decision with lasting tax implications. C-Corporations (C-Corps) offer several advantages, such as limited liability and the potential to raise…
Receiving a 1099-C form can be a real head-scratcher, especially when it comes after you've finally managed to get rid of some debt. You might be thinking, "Shouldn't this be…
Tax season can be a stressful time for everyone, but imagine facing a hefty IRS penalty because of a simple error. This scenario, unfortunately, is more common than you might…
Even with a flat corporate tax rate of 21%, many C-Corporations are exploring ways to further reduce their tax bills. If you're a C-Corp owner, there are sophisticated strategies that…
Running a small business is no easy feat. You're constantly juggling tasks, from managing inventory and marketing your brand to keeping customers happy. Amidst this whirlwind of responsibilities, it's easy…