June 6, 2022

Dodge the tumult with a buy-sell agreement

Buy-Sell Agreement, Capital Gains, Gift and Estate Tax, Small Business, Small Business Owners / Douglas Freeman

Businesses with multiple owners generally benefit from a variety of viewpoints, diverse experiences, and strategic areas of specialization. However, there’s a major risk: the company can be thrown into tumult if one of the owners decides or is compelled by circumstances, to leave. A logical and usually effective solution is to create and implement a […]

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Help when needed: Apply the research credit against payroll taxes

C Corporation, Income Tax, Payroll Tax, Payroll Tax Election, Research Tax Credit, Small Business, Small Business Owners, Social Security & Medicare (FICA) taxes / Douglas Freeman

Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject to limits, you can elect to apply all or some of any research tax credits that you earn against your payroll taxes instead of your income tax. This payroll tax election may influence some businesses

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