You can open different kinds of IRAs with a variety of organizations. There are also prohibited transactions associated with these IRAs. Learn what these transactions are to avoid penalties.
The IRS allows you to use a simplified method for figuring out the allowable home office deduction on your tax return, but is it worth it?
Learn how small businesses can use various fringe benefits to their advantage.
While many of the “tax extenders” are obscure or industry-specific, here are six that may be right up your alley.
When inheriting an IRA, there are several ways you, the designated beneficiary, can manage the funds. Learn which strategy is right for you.
A common problem with single-owner and other closely held corporations is intermingling of funds. Find out how and why a separation of funds is key in preserving the liability protection of the corporate veil.
The charts on this handout compare and contrast accounting and recordkeeping, fringe benefits, and liabilities of the various business entity types.
Which records should you keep? For tax purposes, keep information that you and the IRS need to determine your correct tax.
Nervous about starting a new business? Our business management tips sheet provides online resources to help write your business plan, as well as a list of costs to keep in mind when starting your new venture.
Read our detailed breakdown of what earnings are included in a retirement income.
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