Okay, something you should know if you employ workers. You may have a backdoor method for qualifying for the employee retention credit. The partial … [Read more...] about Solving the Employee Retention Credit Partial Suspension Puzzle
Three Tips for Bigger Employee Retention Credits
If your business got beat up by the Covid-19 pandemic—many did of course—you hopefully know about employee retention credits. But what you may not … [Read more...] about Three Tips for Bigger Employee Retention Credits
Biden Real Estate Tax Proposals Scramble Planning for Investors
Recent blog posts here have talked about how President Biden proposes to boost the federal taxes some small businesses and their owners pay. But Mr. … [Read more...] about Biden Real Estate Tax Proposals Scramble Planning for Investors
Biden S Corporation Tax Proposals Cap Savings
S corporations and their shareholders want to pay close attention to President Biden’s tax proposals. Mr. Biden proposes raising taxes on high-income … [Read more...] about Biden S Corporation Tax Proposals Cap Savings
Small Business Failure Rate Grossly Exaggerated?
Last weekend I visited a local Chinese restaurant I enjoyed as a kid. The experience was a fun walk down memory lane. I hadn’t eaten there for … [Read more...] about Small Business Failure Rate Grossly Exaggerated?
Owner Wages and Employee Retention Credit
Editor’s Note: The employee retention credit (ERC) potentially provides big tax benefits to employers beat up by the pandemic. But the credit is … [Read more...] about Owner Wages and Employee Retention Credit
The Post-Pandemic Economy and Your Small Business
The numbers keep getting better. Cases, hospitalizations and fatalities have collapsed in the U.S. since the beginning of the year. In the U.S., … [Read more...] about The Post-Pandemic Economy and Your Small Business
The Covid-19 Epidemic Endpoint: New Research Gives Hope
Fascinating research popped up on a preprint server last week. New work from scientists who earlier in the Covid-19 pandemic made big … [Read more...] about The Covid-19 Epidemic Endpoint: New Research Gives Hope
Biden Capital Gains Tax Planning
As you may know, President Biden proposes changing the tax law in a bunch of areas, including ratcheting up the capital gains tax that some investors … [Read more...] about Biden Capital Gains Tax Planning
IRS S Corporation Shareholder Salary Data
If you operate as an S corporation, you already know that you need to set a salary for shareholder-employees. A reasonable one. And you hear lots … [Read more...] about IRS S Corporation Shareholder Salary Data