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site design by digitalstoryteller.io
Closing a business involves a number of tax responsibilities
/in News, Tax Tips - Business/by Encore Partners TeamWhile many facets of the economy have improved this year, the rising cost of living and other economic factors have caused many businesses to close their doors. If this is your situation, we can help you, including taking care of various tax responsibilities. To start with, a business must file a final federal income tax […]
Be aware of the tax consequences of selling business property
/in News, Tax Tips - Business/by Encore Partners TeamLooking for some guidance when it comes to dealing with real estate transactions! Our team at Encore Partners, LLP has over 40 combined years of expertise and experience in complex real estate transactions consistently providing guidance to our clients on the best strategies possible to optimize their portfolios. With our robust tax knowledge and understanding, […]
Hiring your child to work at your business this summer
/in News, Tax Tips - Business/by Encore Partners TeamWith school out, you might be hiring your child to work at your company. In addition to giving your son or daughter some business knowledge, you and your child could reap some tax advantages. Benefits for your child There are special tax breaks for hiring your offspring if you operate your business as one of […]