How To Hire Family Members for Business Tax Deductions
The COVID-19 pandemic may create tax benefit opportunities for you and your family members. For example, you could hire your under-age-18 children, pay them, say, $10,000 each, and they could pay zero federal income taxes. And you or your corporation, the employer, would deduct the $10,000 you paid to each of the children.
PPP Loan Forgiveness for S Corps, C Corps and Partnerships
If you operate your business as a partnership or an S or C corporation, you face entity-specific Payroll Protection Program (PPP) loan forgiveness rules that apply to you as an owner-worker in the business.
How to Find the Perfect Small Business CFO
Are you looking for a CFO for your startup or your small business? Do you have big plans to raise capital, get acquisition financing, and bring your firm to the next level? In this post, we will help you discover how to evaluate your various CFO options and help you find the perfect fractional CFO for your business.