While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.

Getting advice from a good tax pro is worth it. They can help you squeeze the most out of your LLC tax benefits and keep you ...

Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected ...

Accounting for initial franchise fees is a pivotal area in franchise accounting as it directly impacts the franchisor’s earnings and cash flows. The initial franchise fee is a major component of a ...

"Timing is everything." We've heard this turn of phrase often in all sorts of scenarios. And if you have clients who are starting a new business or transitioning from a sole proprietorship or ...