Published June 6, 2023 When it comes to selling business assets, grasping the tax implications is vital for every business owner. Having a thorough understanding of the tax consequences linked to asset sales empowers you to make well-informed choices and maximize your tax planning. In this article, we’ll explore the diverse tax considerations tied to […]
Category: Blog
Investment Firms Capitalizing on IRS for Profits
Published June 5, 2023 In a surprising twist, investment funds have found a profitable opportunity by leveraging the Internal Revenue Service (IRS). Prominent firms like Marblegate Asset Management, Brevet Capital Management, Owl Creek Asset Management, and a fintech company backed by George Soros are purchasing tax refunds that many businesses are still awaiting from the […]
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Investment Firms Capitalizing on IRS for Profits
Hiring and Employee Tax Considerations
When it comes to running a successful business, one of the crucial aspects that business owners need to consider is hiring employees. However, hiring employees also brings about several tax considerations that should not be overlooked. Understanding and addressing these tax implications is essential for both the employer and the employees. In this article, we […]
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Hiring and Employee Tax Considerations
Major Accounting Firm, Grant Thornton, Lays Off 300 After Experiencing Declining Demand in Both Business Advisory and Taxes
Published on June 5, 2023 Grant Thornton, a renowned accounting firm, recently announced the layoff of 300 employees in response to a significant decline in demand for its business advisory and tax services. This strategic decision comes as the firm faced challenges amidst changing client needs and an economic downturn. Background on Grant Thornton Grant […]
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Major Accounting Firm, Grant Thornton, Lays Off 300 After Experiencing Declining Demand in Both Business Advisory and Taxes
Tax Planning for Home-Based Businesses
Boosting your home-based business can be exciting and open up lots of possibilities for those who want to be their own boss and have more flexibility. However, understanding the taxes and opportunities that come with running a business from home is crucial. In this article, we’ll explore some helpful tax strategies designed specifically for home-based […]
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Tax Planning for Home-Based Businesses
Small Business Health Insurance Tax Deductions
Picture this: small businesses, those brave warriors battling the treacherous realm of finances and juggling the quest for employee healthcare benefits. But hold on tight, for there’s a glimmer of hope amidst the chaos! It turns out that these daring small business owners possess the power to seize tax deductions on health insurance expenses. In […]