3 Ways Accounting Helps Business Owners

A lot of people hate bookkeeping, accounting, and anything to do with numbers. But accounting serves three functions that are essential to your business. Accounting helps you to make smart predictions, know how to better allocate resources, and understand how to...

Common Tax Myths

Tax law is complicated, and there are a lot of myths floating around out there. Listening to your father-in-law’s tax advice based on something he heard from his golf buddy probably isn’t the best idea. Forbes.com published an article debunking the...

Recent Rulings That Affect S Corporations: Part 3

This is Part 3 of the 3-part series describing several rulings that were made in the last year that affect S corporations.  Small Business Jobs Act of 2010 The Small Business Jobs Act of 2010 expanded the dollar amount of new or used tangible personal property...

Recent Rulings That Affect S Corporations: Part 2

Yesterday we started a 3-part series describing several rulings made in the last year that affect S corporations. AICPA just published an article in The Tax Adviser that outlines what these rulings were and offers suggestions for tax planning in light of the changes....