For some small businesses and individuals, the new Section 951A GILTI tax creates a huge planning challenge and compliance burden. And what's … [Read more...] about Section 951A GILTI Tax Avoidance: Ten Tricks
Section 962 Election: An Answer to GILTI?
As you probably know if you’re reading this blog post, many investors and entrepreneurs with an international footprint face a painful new tax, the … [Read more...] about Section 962 Election: An Answer to GILTI?
Do You Owe the Section 965 Transition Tax?
For either 2017 or 2018, many U.S. taxpayers with an interest in a foreign corporation owe(d) the § 965 transition tax. However, the new rule arrived … [Read more...] about Do You Owe the Section 965 Transition Tax?
Will Your Small Business Owe GILTI Tax?
A prediction for the coming tax season: GILTI taxes will blindside some small business owners operating internationally. Many small business owners … [Read more...] about Will Your Small Business Owe GILTI Tax?
Section 965 Transition Tax, IRS Pub 5292 and the Great Goat Rodeo
Most of the time, this blog addresses subjects of general interest to most small business owners. But this week, I want to talk about the Section 965 … [Read more...] about Section 965 Transition Tax, IRS Pub 5292 and the Great Goat Rodeo
Washington Small Business Payroll Setup Tips
You know your business needs to hire employees, and you’re already on board with using a full-service payroll provider such as Gusto, Intuit … [Read more...] about Washington Small Business Payroll Setup Tips
Why You Want an Accurate Balance Sheet for Your Small Business
If you’re a small business owner, you want an accurate balance sheet for your small business. You really do. An accurate balance sheet delivers … [Read more...] about Why You Want an Accurate Balance Sheet for Your Small Business
Amazon FBA Sales Tax: The Reality Sandwich
Most Amazon FBA businesses have a riddle they wrestle with—which is the Amazon FBA sales tax question. Specifically, do you, if you’re an Amazon … [Read more...] about Amazon FBA Sales Tax: The Reality Sandwich
Tax Deduction Receipts
Taxpayers always wonder about whether or not they can deduct expenses when they don't have a receipt. Generally, yes, you can... but you want to … [Read more...] about Tax Deduction Receipts
Career in Accounting: How to Prepare
You can have a great career in accounting. And you can have tons of fun! But in order to really hit the deck running, you really want to be prepared. … [Read more...] about Career in Accounting: How to Prepare