We have posted a number of articles addressing the income and employment tax issue of “reasonable compensation.” However, the focus
The President Trump show continues with a renewed focus on major tax reform in 2017. One does not need to
The Eleventh Circuit of the United States Court of Appeals recently found a taxpayer, who was both a minority shareholder
The current income tax laws afford taxpaying corporations (“sub chapter C corporations”) a graduated tax rate regime similar to that
A recent Tax Court decision, illustrates, once again, the folly in filing inaccurate income tax returns and taking deductions that
An employee stock ownership plan (ESOP) is a retirement plan that is permitted to invest some, or all, of its
Taxpayers involved in “passive” business activities are generally permitted to use those losses to offset income generated by other passive
President Trump is set to release his much-discussed proposal for tax reform today, Wednesday, April 26, 2017. As has been
While much of the federal tax law is difficult to interpret and often hard to understand, a simple premise that
Part 3 in a Series This is the third in a series of posts related to enhancing business owners’ understanding
A recently decided Tax Court case once again reinforces the rule that simply guaranteeing corporate debt in an S corporation
Part 2 in a Series This is the second in a series of posts related to enhancing business owners’ understanding
