LLCs Must do Annual Maintenance Just Like Corporations
There are more and more cases of where the Limited Liability Company (LLC) is “pierced” in a lawsuit and the owner’s personal assets are grabbed by a plaintiff. The reason why…owners are not doing their annual maintenance.
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The Truth about Umbrella Insurance
So is umbrella insurance inherently bad, a scam or worthless. No. But, is it for everyone? Another absolutely not! But heaven forbid insurance companies let anyone else say otherwise.
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The Auto Deduction in 2018 – Mileage or Actual?
The law has changed in 2018 – Big time!! Things got a lot better for business owners with cars/autos…if not AT THE LEAST you have a lot more options. You can actually write-off a vehicle at lot faster and with bigger deductions!
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Maximizing the Home Office Deduction
The Home Office Deduction is still alive and well…don’t let any accountant tell you otherwise. There are several strategies on how to maximize the Home Office Deduction. It is NOT high risk and every good business owners should take advantage of a home office write-off.
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Plan Your Travel for a Tax Write-Off
Making sure our travel has a ‘business purpose’ is critical and a perfect opportunity for business owners for a great tax write-off.
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What is a Registered Agent
Since an LLC or Corporation is not an individual, it cannot have process served on it unless someone is appointed to serve as an ‘agent’ for the company. All 50 states require that such a person be appointed- This person is the Registered Agent.
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When Should You put Your Spouse on Payroll?
Many clients rush to put their spouse on payroll, but for the wrong reasons and it could actually be a costly mistake. Essentially, there are 3 situations when business owners may put their spouse on payroll and not all of them make sense.
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Closing an Estate: What You Need to Know when a Loved One Passes
The reality is, the handling of someone’s estate can be extremely difficult and emotionally draining, not to mention time consuming. Here are some important steps, considerations and issues to address when helping administer the estate of a loved one.
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Health Care Strategies for Small Business Owners – Update
As small business owners, we have more options than any other group of Americans to save on health care costs. The tax planning and well as cost saving strategies can be phenomenal.
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