Note: This blog post has not been updated for the Section 199A final regulations that appeared over the 2019 Martin Luther King Jr. holiday weekend. … [Read more...] about Section 951A GILTI Tax Avoidance: Ten Tricks
Corporate taxation
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?
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
Section 199A S Corporation Dissolution
Note: This blog post has not been updated for the Section 199A final regulations that appeared over the 2019 Martin Luther King Jr. holiday weekend. … [Read more...] about Section 199A S Corporation Dissolution
Meals and Entertainment Deduction Rules for 2018 and Beyond
The meals and entertainment deduction rules for 2018 differ from those used in the past. If you’re a business owner or real estate investor, you … [Read more...] about Meals and Entertainment Deduction Rules for 2018 and Beyond
Pass-through Entity Tax Cut Rules Are Complicated
Last week, House Republicans passed the “Tax Cuts and Jobs Act.” The law gives many sole proprietors, partnerships and S corporations a tax cut by … [Read more...] about Pass-through Entity Tax Cut Rules Are Complicated
Subchapter S Election Timing Tips & Tricks
You want to understand how Subchapter S election timing works. Understand the timing, for example, and you avoid common mistakes. Further, understand … [Read more...] about Subchapter S Election Timing Tips & Tricks
Why File Out of State Tax Returns
Can we talk about something that’s a little bit awkward for small business owners? Specifically, can we discuss the “why file out of state tax … [Read more...] about Why File Out of State Tax Returns