Owning a small business is the dream for many Americans. When it comes to tax time, the nuances can cause somewhat of a headache if you're unsure of the unique challenges and liabilities. This is true for all industries but a multi-generational company has special considerations.
When a growing business decides to convert into a corporation, it faces a critical choice. Should it file as a.
Business owners hire professional bookkeeping services because they don’t want to tangle with the IRS, but that’s.