This month’s focus on business tax strategy has included posts about its importance, how to create one, and how to align it with business goals.  It all sounds great in theory, but how do you know they work?  That’s what this week’s post is all about. We’ll review two real case studies demonstrating the power… Read More

Last week’s post discussed how people and plans are the foundation of a good business tax strategy.  And while a strong foundation is integral to a good business tax strategy, so is aligning it to your business goals.  A tax strategy that is out of sync with business goals is like a car whose front… Read More

This month’s blog series on business tax strategy would be nothing if it didn’t include a method for creating one.  That creation comes down to two things: people and plans.  Without plans, there is no strategy. All your plans, like goals and acquisitions, will help drive your broader strategy.  So will people, because your strategy… Read More

A good tax strategy is to business what good nutrition is to a competitive athlete. You can get by without it, but ultimately, performance lags.  Even worse, it can be a point of failure.  With a good tax strategy, a business goes beyond mere survivability; it begins to thrive.  That’s why this month’s blog posts… Read More

Last week’s post talked about debt-based crowdfunding and the tax implications.  Some of them were much more favorable than their donation or equity-based counterparts. But not every tax situation is sunshine and roses when borrowing money.  So, today’s post will cover the good, the bad, and the ugly of taxes as they apply to any… Read More

You may think crowdfunding for your business is a rookie way to raise funding.  Don’t tell that to Oculus VR founder Palmer Luckey, who crowdfunded $2.4 million in 2012 and sold the business to Meta for $2.3 billion (yes, billion with a “b”) less than two years later.   Oculus VR is not the only business… Read More

Last year, we ran a post on how your CPA could be a strategic partner entitled Beyond Bean Counting. It was a good primer for new and smaller businesses, but there’s much more that can be covered. It’s time for a sequel, one that provides ways that a CPA can drive growth with process improvement,… Read More

With all the hustle and bustle associated with a startup, tax deductions can be an afterthought. That’s understandable, but sometimes a reminder can help. So, today’s post will outline the five most common steps a startup can take and how to remain compliant. Let’s go! Startup Costs You can start thinking about this one before… Read More

Two weeks ago, we gave an overview of aligning business investments with a tax strategy. That’s always a good idea, but it’s also wise to do the same with tax shelters. So, this week’s post will provide an overview of how to do that.  Let’s go!  Business investment vs. tax shelter: What’s the difference?  Before… Read More

There are a lot of common tax-smart business investments out there. But some trod off the beaten path.  While this blog doesn’t often wax poetic, today, it’s going down the path less traveled to find three often-overlooked business investments that might help you make more profit this year.  Let’s go!   Qualified Small Business Stock (QSBS)… Read More