How would you respond to a staff member who called to report that a company facility was receiving an unexpected government inspection? The agents could represent federal or state environmental, health and safety or taxing authorities. Almost certainly they will be requesting access to your company’s facility or offices in short order, perhaps immediately. Is […]
Tips for Preparing Your Business for Tax Season Next Year
Now that you’ve completed and filed your business taxes for 2015, the last thing you might want to think about is preparing your business for tax season next year. However, now is a great time to plan ahead so that next spring is not only smooth but an opportunity for a larger financial benefit than […]
Tax Treatment of Equity Compensation
Federal and state tax codes can take a big bite out of your company’s equity compensation. That’s why founders, executives, and employees of start-ups should understand the role that Internal Revenue Code Section 83 plays in the tax treatment of equity compensation that is given in exchange for services. Most startups use equity incentives instead of cash, at […]