Assessing the S Corp

Assessing the S Corp

TAX Assessing the S Corp 10 September 2018 The S corporation business structure offers many advantages, including limited liability for owners and no double taxation (at least at the federal level). But not all businesses are eligible – and, with the new...
Choosing the Right Accounting Method for Tax Purposes

Choosing the Right Accounting Method for Tax Purposes

TAX Choosing the Right Accounting Method for Tax Purposes 28 August 2018 The Tax Cuts and Jobs Act (TCJA) liberalized the eligibility rules for using the cash method of accounting, making this method — which is simpler than the accrual method — available to more...