S Corporation Owners: Are You Paying Yourself the Right Salary?
Taking a salary and distributions from your S corporation doesn't necessarily mean your compensation strategy is optimized. The right balance matters.
If You Sold Your Business Tomorrow, How Much Would You Actually Keep?
You've spent years building your business. But when it's time to sell, how much of the purchase price will you actually keep? The answer may depend on decisions made long before closing.
Cash Balance Plans: Tax Planning for Business Owners
Maximizing a 401(k) doesn't necessarily mean you've exhausted your retirement-related tax planning opportunities. But a larger deduction isn't always the best financial decision.
Should Your Spouse Be on Your Company's Payroll?
Employing your spouse may create tax and retirement-planning opportunities, but it doesn't automatically reduce household taxes. Learn when the arrangement may make financial sense.
Could Your Tax Strategy Affect Your Ability to Borrow?
Reducing taxable income doesn't necessarily reduce your ability to borrow. Understand how tax strategies interact with EBITDA, cash flow, and commercial lending requirements.
Where Does Your Business's Excess Cash Go?
Where you invest your business profits can be just as important as how much you earn. Explore how tax-efficient capital allocation may help successful business owners build long-term wealth.
Are You Paying Business Expenses Personally?
Many business owners routinely pay legitimate business expenses personally without giving it much thought. Over time, those expenses can add up—and the way they are being handled may be worth reviewing from a tax-planning perspective.
What Proactive Tax Planning Could Mean for a Business Owner Earning $500,000
A profitable business can have its tax return prepared correctly and still miss valuable planning opportunities. See how a proactive review could identify an estimated $55,000 to $70,000 of current-year federal tax savings in a hypothetical business-owner scenario.
Why October Is the Right Time for Business Owners to Start Year-End Tax Planning
For many business owners, tax planning begins after the year is already over. By then, some of the most valuable planning opportunities may no longer be available. October can be an ideal time to review what may still be changed before December 31.
100% Bonus Depreciation: A Tax Deduction Shouldn’t Drive a Bad Business Purchase
A large tax deduction doesn't necessarily make an unnecessary business purchase worthwhile. Business owners should evaluate the economics first and the tax treatment second.
The October 1 SIMPLE IRA Deadline: Why Year-End Tax Planning Starts Early
The October 1 SIMPLE IRA deadline illustrates why business owners should begin year-end tax planning before December. Some opportunities require action much earlier.
Digital Asset Tax Rules Are Evolving: What Business Owners Should Know
Digital asset tax rules continue to evolve beyond reporting requirements. Business owners with meaningful cryptocurrency or other digital-asset activity should understand why proactive tax planning before a transaction can matter.