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Partnerships are often used for business and investment activities. So are multi-member LLCs that are treated as partnerships for tax purposes. A major reason is that these entities offer federal…
Your businesses may have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides significant tax benefits for those that qualify….
Employee Stock Ownership Plans (ESOPs) are a powerful tool for businesses and their employees. They offer a pathway for business owners to transition out of their companies smoothly and provide…