by Ryan Burke, CPA, MSF | Jul 18, 2024 | Business, Tax, Uncategorized
Are you buying a business that will have one or more co-owners? Or do you already own one fitting that description? If so, consider installing a buy-sell agreement. A well-drafted agreement can do these valuable things: Transform your business ownership interest into...
by Ryan Burke, CPA, MSF | Jun 25, 2024 | Tax, Uncategorized
Employees, self-employed individuals and employers all pay Social Security tax, and the amounts can get bigger every year. And yet, many people don’t fully understand the Social Security tax they pay. If you’re an employee If you’re an employee, your wages are hit...
by Ryan Burke, CPA, MSF | May 29, 2024 | Uncategorized
Choosing the right business entity has many implications, including the amount of your tax bill. The most common business structures are: sole proprietorships, partnerships, limited liability companies, C corporations and S corporations. In some cases, a business may...
by Ryan Burke, CPA, MSF | May 22, 2024 | Blog, Business, Tax, Uncategorized
After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you’re buying a business, you want the best results possible after taxes. You can potentially structure the purchase in two ways: Buy the assets of the...
by Ryan Burke, CPA, MSF | Apr 7, 2024 | Uncategorized
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting...
