
Can the IRS Really Revoke an S-Election?
Structuring your business as an S Corporation can have its advantages, but it comes with responsibilities. Becoming an S Corporation can be as simple as
Structuring your business as an S Corporation can have its advantages, but it comes with responsibilities. Becoming an S Corporation can be as simple as
Recruitment is a practice that has taken place since World War II when there were gaps in the workplace due to men being called to
When you own more than one business, you need to consider the grouping rules that apply for passive-loss purposes. Should one of your businesses lose
What are the important federal income tax issues if you choose to operate your business as a partnership with multiple partners? Good question. Before we
Are you living every small business owner’s worst nightmare: an IRS audit? Okay, that’s bad. But even worse, suppose the IRS asserts that many of
Many employers are struggling to hire and retain employees during the COVID-19 pandemic and the resulting “great resignation.” If you’re one of those employers (or