In the News
In the ever-expanding global exonomy, nothing about suppliers or distributors can be taken for granted. As illustrated by the numerous high-profile recalls that have occurred, manufacturers outsourcing to foreign countries must maintain quality control in their supply chains.
What should you do if your discover an error on a previously filed individual tax return?
Your medical practice, currently running as a C or S corporation, may be considering the idea of converting to a limited liability company (LLC) or limited liability partnership (LLP). Under the right circumstances, that could be a good idea from a tax perspective. Here's why: Both LLCs and LLPs can be treated as partnerships for federal tax purposes.
In business, and in life, among the most important ways to manage risk is through insurance. For certain types of companies -- particularly start-ups and small businesses -- one major threat is the sudden loss of an owner or hard-to-replace employee.