Tax Planning

Lessons From A Vinyl Shop Owner

Lessons From A Vinyl Shop Owner

“What came first, the music or the misery?” - John Cusack in “High Fidelity” Last week we discussed how entrepreneurs can distinguish themselves from the competition, and we established that simply offering low prices was a strategy to avoid. Instead, you should focus...

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Trump Uncertainty With Tax-Exempt Fringe Benefits

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...

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Your Exit Plan, Your Employees and Your Tax Team

Your Exit Plan, Your Employees and Your Tax Team

“Everyone lives by selling something.” – Robert Louis Stevenson Last week, we discussed sensible exit strategies when selling your business to key employees. We established that it can be a safe, solid move, and that Brinen & Associates has deep experience in this...

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Tax Preparations For 2017

Tax Preparations For 2017

“Make sure you pay your taxes; otherwise you can get in a lot of trouble.”–Richard M. Nixon Like it or not, we’re coming up on 2017. That means in just a few short months, we’ll have a new president and all sorts of glorious new tax laws and codes that will affect how...

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Know When You Can Avoid Federal Income Taxes

Know When You Can Avoid Federal Income Taxes

  If you can count your money, you don't have a billion dollars. — J. Paul Getty I’m sure many of our readers saw the recent presidential debates and — no matter how you lean — are wondering how anyone could have reported a loss of nearly $1 billion and use it to...

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Estimated Taxes: What You and Your Employees Should Know

Estimated Taxes: What You and Your Employees Should Know

Success is the sum of small efforts, repeated day in and day out. – Robert Collier

If yours is one of those companies structured for estimated taxes, then that means your employees don’t have their taxes withheld. This is common practice among start-ups, but several issues can be overlooked, so let’s review some important questions and answers.

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