As small business owners, many appraisers are being affected by the new tax reform rules for 2017. It is important to understand how these changes can affect not only your personal income tax but also your business. Many find themselves asking questions such as, “What tax bracket do I fall into?” “Can I use these business expenses as write-offs?” or …
Read More »Corporate Structure & Taxation Tips
When thinking of starting your own small business, it is critical to understand the available corporate structures, their advantages, and their unique requirements. Many entrepreneurs can successfully run a business but often face hurdles when it comes to the long list of laws and regulations related to corporate structure, taxation, and compliance. In general, the optimal corporate structure for a …
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