If you’re starting a new business, you may wonder if you should operate as a C corporation, an S corporation or another entity. Here’s a summary of what will happen if you choose a C corporation. Continue Reading Choosing a business entity? Here are the pros and cons of a C corporation

A physical inventory count gives a snapshot of how much inventory your company has on hand at year end. Are you ready to start counting? Continue Reading Preparing for year-end inventory counts

Are you interested in reducing your 2022 tax liability? There’s still time to take these year-end tax planning steps. Continue Reading 5 Steps to Take Now to Cut Your 2022 Individual Tax Liability

Business owners and their employees may not have to pay Social Security tax on ALL of their wages. Amounts above a certain threshold aren’t subject to Social Security tax. Here’s how the 2023 “wage base” will affect your payroll. Continue Reading Employers: In 2023, the Social Security wage base is going up

With the current federal estate tax exemption at $12.06 million, you may not be worried about estate taxes. But you should still think about saving income taxes for your heirs. Continue Reading Don’t forget income taxes when planning your estate