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Business Tax Tips
2021 Q4 tax calendar: Key deadlines for businesses and other employers
/in News, Tax Tips - Business /by Betty KimHere are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2021. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. Note: […]
Getting a divorce? Be aware of tax implications if you own a business
/in News, Tax Tips - Business /by Betty KimIf you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is one of your biggest personal assets and in many cases, your marital property will include all or part of it. Tax-free property transfers You can generally divide most assets, including cash and business ownership interests, […]
Is an LLC the right choice for your small business?
/in News, Tax Tips - Business /by Betty KimPerhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to protect your assets. Or maybe you are launching a new business and want to know your options for setting it up. Here are the basics of operating as an LLC and why it might be […]