From the nielsen law group Tag

Incorporating Your Business – Now What Should You Name It?

One of the most frequent questions we’re asked when it comes to forming a business entity is – “What should I call it?” And with few exceptions, the answer is pretty simple – “Whatever […]

The Incorporation Gap – Have You Incorporated Your Business?

How many US workers are self-employed? The numbers vary widely. An old Intuit survey estimated that by 2020, 40% of the US workforce would be self-employed. A Washington lobbying group named “It’s My Business” […]

Small Business Myths – 3 Common Misconceptions

One of the best things you can do as part of your business strategy is to incorporate it as a formal entity. But many (in fact, most) business activities are conducted informally with no […]

Tax Provisions Extended Through 2014

In late 2013 we reported that a number of tax credits and deductions would expire at the end of 2013 without action from Congress. Over a year later, Congress passed legislation that would extend […]

Minimize Tax Liability with the Annual Gift Tax Exclusion

The end of the year is an important time to take a quick look at your tax position and make sure that you have done all you can to minimize your tax liabilities. Individuals […]

Confidential Taxpayer Documents Released to White House by the IRS

The IRS is required by law to keep taxpayer information confidential…right. But somehow, when the White House asks for that confidential information, the law no longer matters. And how big a deal is it […]

A Tax Planning Tip for the Small Business Owners

Year-end is approaching and now’s a great time to take a few fine-tuning steps to improve your tax situation. But be careful – many end-of-year tax planning “tips” really amount to giving away your […]

IRA Roll-Overs – Now the limit is ONE!

So you have an IRA and you don’t like who’s managing it or your options in it. The solution was simple – just roll it over to someone or something else. The roll-over was […]

IRS erased key records in lawsuit, NetJets says.

Remember the news agencies reporting about the IRS targeting conservative non-profit groups during the last presidential campaign…and the critical emails that would establish truth or fiction turned up missing? Well, the issue’s back. NetJets, […]

Republican Majority May Mean Tax Reduction

With the election behind us and the Republican Party now controlling both the House of Representatives and the Senate, tax reform is squarely on the agenda. Republicans have long proposed that a major overhaul […]