Small business accounting can be a complex practice, but there are several general accounting principles that help business owners structure their accounting procedures and maintain clear and accurate ...

Filing taxes is hard enough for the average worker. Taxes can be even more confusing for self-employed and small business owners. Adding to the confusion is the Tax Cuts and Jobs Act (TCJA) of 2017, ...

When starting a new business, owners must decide which type of entity, or business structure, to choose. The business entity choice determines how taxes are filed, what accounting methods to use and ...

Business entity choice determines whether heirs get stepped-up basis on farm assets or just ownership shares upon death.

Natalie Cusson is a small business owner with over 15 years experience in the creative arts. She's worked on ad campaigns for many trusted brands such as Nike, Subaru, Polaris, Red Bull and ...

Not all businesses are created equal—nor are they taxed alike. Our helpful breakdown covers various business tax entities and how they’re taxed It’s crucial to understand your business entity’s unique ...

When advising clients on the choice of business entity, CPAs should consider the advantages and disadvantages of each type. If more than one entity is involved, CPAs should also determine whether ...

Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Vivek Yadav, an engineering manager from ...

Opinions expressed by Entrepreneur contributors are their own. It’s tax season — and with that comes a whole lot of chatter with accountants. In an effort to submit their taxes on time, avoid ...

Choosing a business structure for a farming business can be difficult because entities differ in tax and legal implications. Choosing a business structure for the farm operation could result in either ...

In New York state, business entities formed or incorporated outside New York that meet the criteria of "doing business" in New York are classified as foreign business entities and are required to ...