Understanding S corporations and their deduction on income tax returns is vital for small business owners. S corporations are taxed differently than other business entities, so it’s crucial to know how to take advantage of your deductions. You can deduct certain business expenses from your income tax return as an S corporation. These deductions can […]
There are a number of reasons you might need to calculate your business’s worth. Whether you’re planning to sell, valuing assets for a divorce or tax purposes or have another reason, your accountant will likely use one of several small business valuation methods. Here’s a brief overview of how to calculate business valuation. What is […]
Financial investigations can take many forms, including asset valuation. Asset valuation is used to determine the value of a piece of property, whether it’s real estate, a business, stocks and bonds or equipment. This could be used when you’re getting ready to sell a business, or when you’re calculating the value of shared assets in […]
If you’re preparing to insure, buy, sell or let another entity take over your company, you need asset valuation. Asset valuation is the process of determining the value of a certain property, including real estate, stocks, bonds, equipment, buildings and more. It determines both assets and liabilities, which can be categorized as tangible or intangible. […]
New year, new challenges! It’s time to start forecasting sales for your San Francisco, CA business! There is no doubt that 2020 offered many ups and downs, and now you might have more hope for stability and prosperity. But creating budgets, planning goals and staying solvent are challenging unless you make good sales forecasts. To […]