Starting your own business is a major undertaking, especially if you are a small businessperson that will be doing most of the work yourself. As an entrepreneur, you need to wear a number of hats. From organizing your business to
Below is our latest press release. We hope you can join us at our inaugural event this Thursday, September 19th at 8:30AM at our office. Breakfast will be provided and there is no cost to attend. __ BASC Expertise launches
Finding Potential Buyers: If you plan to sell your business, you will want to find good prospective buyers. In many cases, you will find that people are just interested in learning what a business of your type goes for or
When the time comes to sell or transfer your business, whether to retire or just to move on to something new with your life, there are many accounting issues surrounding the planning for transferring your business. As you move through
Starting a new business is an exciting venture but although new business owners are optimistic, they must also be realistic about expectations. The best way to ensure that you are not going into the startup without understanding the risks is
Small business owners are supposed to comply with the obligations for state, local, and federal taxes. To avoid being out of compliance, many business owners hire a professional to deal with their tax-related issues. Even if you decide to retain
In late June 2013, the U.S. Supreme Court issued a ruling that struck down several parts of the Defense of Marriage Act (signed into law in 1996) and paved the way for same-sex marriage to become the law of the
“Fixed assets” is a term describing all of the long-term operating assets that a business uses, whether it is a building, a crane, or even office furniture. Every fixed asset except for land costs is spread over the estimated useful
One of the keys to the success of any startup or small business is accurate record keeping. If you do not know where your money is going, it will be very difficult to keep the books in balance and ensure
Continuing in our series on the Adoption Tax Credit, here are some additional guidelines for adoptive parents to keep in mind. When a Couple is Eligible to Take the Credit: The main difference between the rules pertaining to foreign verses
