• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Small Business Tax Strategies

If you haven’t thought much about exchange-traded funds (ETFs), now’s a good time to become interested. Reason: Mutual fund giant Vanguard has jumped into the game.

{ 0 comments }

Is most of your money tied up in investments? You’re certainly not alone. But that may create a cash crunch if you need funds in a hurry for an emergency or an unexpected expense.

{ 0 comments }

Recent tax law changes offer potentially big benefits to shareholders who want to take cash out of their closely held C corporations without sharing too much with the IRS. You can also achieve the same goal through several time-honored cash-withdrawal strategies. This special report examines today’s five best ways to pull cash from your C corporation in the most tax-wise manner.

{ 0 comments }

Medical costs continue to skyrocket. What’s a small business owner to do?

 

In most cases, fringe benefits provided to company bigwigs are exempt from tax only if they are offered to everyone.

 

If you run a small company, it’s hard to squeeze in enough exercise time during the week.

{ 0 comments }

Size often matters in the corporate world.

 

It’s bad enough that business owners worry about corporate income tax. But your company may also face alternative minimum tax (AMT) complications.

 

Investors in qualified "small business" stock held more than five years can exclude 50 percent of the sale’s gain. But a 28 percent capital gains tax rate continues to apply to such sales—even after last year’s reduction of the maximum capital gains rate to 15 percent. That means you’ll earn just a 1 percent advantage—14 percent to 15 percent—for sales of small business stock.

{ 0 comments }

Q: My employees sometimes ask my advice about their personal financial affairs. That got me thinking about offering financial counseling from an outside firm as an employee benefit. Can this be offered as a tax-free fringe benefit? C.O., Detroit, Mich.

{ 0 comments }

Q: In a recent article, you said people must start taking IRA distributions after turning 70 1/2 (See 3/8/04 issue) Are the rules different for Roth IRAs? J.C., via e-mail

{ 0 comments }

Q: My father passed away this year at age 69, and I am the sole beneficiary of his IRA. Do I have to take out all the money within five years? S.D., Massapequa, N.Y.

{ 0 comments }

Q: My wife was just laid off from her job. She was told she’d receive a package in the mail about COBRA health insurance. It’s been more than a week, and it hasn’t arrived. Is this breaking the law? K.B., Hillsborough, N.J.?

{ 0 comments }

Q: After my father passed away, investment property he owned was destroyed by fire. The insurance reimbursement didn’t cover the actual loss. Can his estate deduct the difference? E.R., Fairfield, Calif.

{ 0 comments }

Page 219 of 239« First...102030218219220230...Last »