Keeping track of receipts for tax-deductible expenses can be a hassle. File cabinets stacked with invoices and wallets filled with paper receipts take up time and space and can become…
One of the major changes that were made to the tax code by the Tax Cuts and Jobs Act of 2017 was the expansion of the Standard Deduction to $12,000…
How do you know if a business valuation professional knows what they’re doing? While professional certifications aren’t required to perform business valuations, choosing an analyst with at least one business…
An important aspect of tax compliance for business owners is the requirement to file a 1099-MISC for certain payments made during the normal course of business. If you are a…
Many business owners complain that business valuations are too expensive. Fortunately, in many situations, a less expensive calculation engagement is perfectly adequate. However, there’s a great deal of confusion and…
There are three approaches used in valuing a business: the asset-based approach, the income approach, and the market approach. In a full business valuation, the valuation analyst must consider all…