Dec 5, 2019 | Uncategorized
What it Means to be a Director of a Public Charity By: Donna Buzby, CPA What is a 501©(3) Organization? Being a 501(c)(3) organization means that the organization has been approved by the Internal Revenue Service as a tax-exempt, charitable organization. The IRS...
Dec 5, 2019 | Business, Business Financial Consulting, Tax
By: Michael Salad There are numerous reasons why owners should form business entities. One of the most common questions that arise is what type of business entity a business owner should form. Many business owners wish to form a limited liability company (“LLC”)....
Dec 5, 2019 | Education, Investing, Tax
You could be eligible for some tax breaks in the form of a deduction or, better yet, a tax credit. Unfortunately, most of these tax breaks phase out based on income so be aware that filing status and income can limit the tax benefits. The American Opportunity Credit...
Dec 5, 2019 | Business, Business Financial Consulting, Business Health
When we think of business performance consulting or business financial consulting, we may think of these services as appropriate for struggling or underperforming businesses. In our years of consulting, that is not the typical situation. While we work with some...
Dec 5, 2019 | Personal Finance, Tax
So dubbed by the Tax Policy Center, the Alternative Minimum Tax, a tax intended to insure that wealthy taxpayers pay their fair share of federal taxes, is showing up on more middle class tax returns. Will you be one of those taxpayers? The Alternative Minimum...