Essential Tax Strategies for Year 1 of Operations
Classify the money you put in the business as owner loans, NOT as equity By classifying the funds as loans, you are giving yourself the ability to repay once the
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Is Massachusetts DUA Charging You Monthly?
Here's why the Massachusetts Department of Unemployment Assistance might now be charging you monthly. If you have an employee covered by MA health, employers are now responsible to pay up
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Can I Still Deduct Food & Drink?
Recently, the IRS answered the question on many business owners’ minds: Can businesses still generally deduct 50% of the food and drink expenses related to operating their business? The answer,
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The Associate Buy-in: 25%, 24%, 51% Method
Having an associate buy into a company is often one of the most rewarding moments of the selling owner’s career. The Associate buy-in can take many forms, but one method
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