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Blog Archives |

Unhappy employee

I have a client who is older and not happy with their current employer.  They initially thought that this was where they would spend their final working years.  But alas it would appear that this will not be the case. As part of a protected class, the employer is not...

The next generation

Succession planning for a business  seems to be a major issue at the moment.  I am working with five that are either in the process or have it as an issue to address in the foreseeable future. All five businesses have at least one adult children working in the...

Annual Reports

Annual reports those little pieces of joy that are sent from the Secretary of State’s office every year. This past year we seemed to have dealt with client’s whose “Registered Agent” either themselves or another party, neglected to file the reports and have fallen...

Brand Marketing

I was reading the WSJ online and saw another article that looked interesting so I went down the rabbit hole.  I eventually stumbled into someone’s blog.  This blog had some interesting points on brand marketing. Their idea was to leverage today’s marketing...

K-1 Inconsistencies

A court win for an S firm owner whose tax reporting did not match the K-1 he got from the company. S corporation shareholders must report income and loss items on their 1040 consistent with what’s shown on the K-1 or attach a statement to the return identifying any...

Payroll Taxes

Business owners you retain responsibility to ensure that your employment taxes are actually paid. Unfortunately you cannot just rely on the word of an employee or accountant that they have been paid and you are done. Take this case in which the IRS slapped penalties...

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