The business structure of your company has a huge impact on the taxation of your firm’s profits. A C-corporation (C-corp) structure, for example, has several drawbacks that generate a higher tax on company profits over time. If your business was formed as a C-corp, you can convert to another form of ownership and reduce […]
Business owners and other taxpayers should be aware that the nuances of tax policy have changed amidst the transition to the new year. These alterations will significantly affect businesses of all types and sizes, regardless of their unique industry or niche. However, if you are like most business owners, you are busy to the point […]
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