Many Americans hold property overseas that may have tax implications in the United States. You might own a vacation property in the Bahamas and are looking to sell the home. You might be working abroad and have a bank account in the United Kingdom. What kind of...
General
Starting a Business: What Entity Should I Choose?
When starting a business, one of the first questions you will need to answer is how you should structure your business. Should you start a company? Or is filing as a limited liability company the best route? Whether launching a new bagel shop or starting a landscaping...
Managing Your Business When Displaced
“You don’t have to live like a refugee.” -- Tom Petty Welcome back, folks. Is thing on? Many of you might be wondering, “where the heck is Joshua?” Some of you are just wondering what I am wearing. The answer to the first is: here, there, and everywhere. Since Tax...
Tax Refund Fraud Time
There are three things in the world that deserve no mercy, hypocrisy, fraud, and tyranny. – Frederick William Robertson Businesses, taxpayers and tax preparers are all susceptible to fraud and theft. Illegal activities like tax-refund fraud spike at this time of the...
Trump Uncertainty With Tax-Exempt Fringe Benefits
“A gift consists not in what is done or given, but in the intention of the giver or doer.” ― Seneca, Moral Essays: Volume III Small business owners can bank on the idea of “consistent inconsistency” for the next 46 months. We’re barely two months into the pressure...
The Case For The Johnson Amendment
“Doing what's right isn't the problem. It is knowing what's right.” - President Lyndon B. Johnson One highlight amid the chaos emanating from Washington, D.C. last week was the president’s butchering of the National Prayer Breakfast. That’s right, he managed to ruin...