Effects of the Death Tax on Family Businesses
A family-owned business stands to lose 55% of all its assets when it passes from one generation to the next. Unfortunately, the fact remains that people cannot afford to pass their businesses on to family members?...read more
Qualifications to Recieve the Work Opportunity Tax Credit
This credit provides an incentive to hire individuals from targeted groups that have a particularly high unemployment rate or other special employment needs. This credit is equal to 40% of the first $6,000 of qualified first-year wages for each employee?...
Tax Relief Extention Act of 1999
This review of the Tax Relief Extension Act of 1999 pertains mostly to areas that are of interest to individuals and small business owners?...more
Coming Up With a Plan to Beat the Death Tax
In part due to the more than nine years of US stock market gains coupled with the fact that the economy is in the midst of its longest running expansion ever, the growth of millionaires is creating a new class of Americans who need to be concerned with estate taxes and the infamous 'Death Tax' ?...more
The IRS has begun to take a look at the benefit plans of workers, commonly known as cafeteria plans. Many issues have plagued the development of these programs for various reasons.
Small Business Health Care IssuesAs the cost of the health coverage skyrockets, small business owners who sometimes share as much as 80% of the bill with their employees are scratching their heads. Read this article to see why.