If you’ve spent years to build a successful business, it likely will comprise the bulk of your taxable estate. Naturally, you’d like to pass the company...
Your kids are going back to school soon, so why not do the same? You can write off the cost of taking a course at a local college as a business expense, so long as it...
Monitoring employees with video cameras probably doesn't violate employee privacy rights, but employers should make sure they don't step over the line of reasonable...
As a small business owner, your company's 401(k) plan is one of the best deals around. You can salt away part of your salary tax-free within generous limits, while the...
Suppose a regular customer is experiencing economic difficulties. You've let that customer slide on several invoices, but now you're concerned you may never be paid....
Should you contribute to a Roth IRA or a traditional IRA? You may be surprised to learn that the Roth IRA beats the traditional IRA almost all the time. Let's look at...
Q: I own real estate that I plan to sell to my son through an installment sale. My CPA says this can't be done because we're related parties. Is this true? D.R.T., St....
During an audit, chances are that you won't be able to produce all the receipts, bills or other pieces of written information you'll need to back up your claims,...
Close relationships between your organization and its vendors or
partners probably are thought of as a good thing. But here are a couple
of pitfalls you should know...
Issue: A recent court ruling says certain employment personality tests may violate the ADA. Risk: If your test screens out people with mental disorders, it could be...
Q: I've been a hands-on owner in a machine shop for the past 30 years. Because of the noise in the shop, I had to buy a hearing aid that cost me about $5,500. Can I...
Issue: Protect your right to keep communications between the organization and its attorney secret. Risk: By misdirecting e-mail messages meant for your attorney, you...
Do your aging parents live in a home that's soared in value? Chances are, they've paid off the house, so they're not claiming mortgage interest deductions anymore. Even...
Q: My daughter is switching jobs in a few weeks. She's accumulated about $20,000 in her 401(k) plan. Does her employer have to automatically roll the money into a Roth...
