A closer look at shareholder advances
9/2/2026Shareholders sometimes provide funds to their businesses outside of their initial investment or regular capital contributions. These transfers — commonly...
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- Accounting and Audit
Shareholders sometimes provide funds to their businesses outside of their initial investment or regular capital contributions. These transfers — commonly...
When is a lemonade stand not just a lemonade stand? If your child earns $400 or more annually in profit from a lemonade stand, lawn service or other self-e...
Chapter 7 (liquidation) bankruptcy is generally available if you’re an individual or business debtor, regardless of how much you owe and whether you’re...
Is Sept. 15 flagged on your tax calendar? It’s the deadline for individuals to make their third 2026 estimated tax payment. Estimated payments are genera...
The IRS has proposed regulations that may simplify reporting for certain trusts claiming charitable deductions. Under the proposed regs, a trust wouldn’t...
If you’re considering gifts to family members in a lower tax bracket, giving long-term appreciated stock rather than cash can offer valuable tax savings....
Planning to sell your business or acquire another one? Taxes can play a significant role in the outcome of the deal. For tax purposes, a merger or acquisit...
As the public in many communities pushes back on data center development, lawmakers are considering new tax policies for these enterprises. In the U.S. Sen...
Improving accessibility at your business may come with a valuable tax break: Eligible small businesses can claim the Disabled Access Credit for certain cos...
The death of a spouse brings significant personal and financial changes, including important tax considerations. One question surviving spouses face is how...