Resources
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It’s Time For Your Small Business To Think About Year-End Tax Planning
With Labor Day in the rearview mirror, it’s time to take proactive steps that may help lower your small business’s taxes for this year and next. The strategy of deferring…
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Estate Planning For Residential Real Estate With a Qualified Personal Residence Trust
Do you own your principal residence? If so, you’re likely aware that you can benefit from the home’s build-up in equity, realize current tax breaks and pocket a sizable tax-exempt…
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6 Key Elements Of a Business Budget
Every business needs a budget, but not every budget looks the same. Some companies have intricately detailed ones, others rely on simple templates generated with off-the shelf software, and still…
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Reasons An LLC Might Be The Ideal Choice for Your Small to Medium-size Business
Choosing the right business entity is a key decision for any business. The entity you pick can affect your tax bill, your personal liability and other issues. For many businesses,…
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Navigating Tax Complexities: Craft Partnership Agreements and LLC Operating Agreements With Precision
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…
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Cash Or Accrual accounting: What’s Best For Tax Purposes?
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….
