by Joan Buchman Miller | May 19, 2026 | Accounting, LLC, tax planning
Although your business may seem big to you, you may wonder how the government classifies it for tax purposes. If your organization qualifies as a “small business,” you may enjoy several important tax advantages. But the rules for specific tax provisions vary. So,...
by Joan Buchman Miller | May 11, 2026 | Accounting
Tax identity theft isn’t limited to individual taxpayers — businesses are also targeted through their Employer Identification Numbers (EINs), payroll systems and tax filings. The financial impact of these crimes can be significant. Businesses may face delayed or...
by Joan Buchman Miller | May 4, 2026 | Accounting, C Corporation, depreciaion, income tax, LLC, S Corporation, tax planning
Businesses that own commercial real property may be sitting on an overlooked treasure chest of tax savings — and a cost segregation study can be the key to unlocking it. This is a strategic tool that combines accounting and engineering techniques to identify building...
by Joan Buchman Miller | Apr 21, 2026 | Accounting, LLC
The passive activity loss (PAL) rules may limit your ability to deduct losses from a business structured as a limited liability partnership (LLP) or limited liability company (LLC). Depending on how your ownership interest is treated under these rules, you may have...
by Joan Buchman Miller | Apr 17, 2026 | Accounting, income tax, tax planning
Companies that engage in research and development activities may qualify for a federal tax credit for some of those expenses. The credit is complicated to calculate, and not all research activities are eligible — but the tax savings can be significant. Here are...
