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In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for goods and services instead of paying cash for them. Bartering...

The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break available to eligible businesses. Claiming the credit involves complex...

If you own your own company and travel for business, you may wonder whether you can deduct the costs of having your spouse accompany you on trips. The rules for...

If you wish to sell your business to retire or transition or you’re seeking to buy a new business as part of your growth strategy, mergers and acquisitions are a...

If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax situation. In general, it depends on which filing...

Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as a dividend. However, a dividend distribution...

Key Takeaways: Withdrawal strategies for IRA inheritors who do not meet the definition of an eligible designated beneficiary are no longer predefined. Therefore, a material planning opportunity exists to sequence...

There once was a time that you needed to physically go into a department store or local shop to buy all the items that were wanted or needed for work...

Now that 2022 is up and running, business owners can expect to face a few challenges and tough choices as the year rolls along. No matter how busy things get,...

Key performance indicators (KPIs) help business operators identify areas of growth and concern within their business operations. In the cannabis industry, this is especially important given the slight margin for...