Saving Tax on Restricted Stock Awards with the Sec. 83(b) Election
Today many employees receive stock-based compensation from their employer as part of their compensation and benefits package. The tax consequences of such compensation can be complex — subject to ordinary-income, capital gains, employment and other taxes.
Profits: How Low Can You Go?
If your profits are falling compared to revenue and assets, your financial statements may provide insight into what’s happening and how to improve your performance.
Say, Just How Competitive is Your Business Anyway?
Every business owner launches his or her company wanting to be successful. But once you get out there, it usually becomes apparent that you’re not alone. To reach any level of success, you’ve got to be competitive with other similar businesses in your market.
After IRS Problems, Taxpayers Get an Extra Day to File
Following computer system issues that appeared early yesterday morning, the Internal Revenue Service (IRS) has announced that taxpayers will have an additional day to file and pay their taxes. The new deadline is today, April 18, at midnight.