The IRS recently issued an urgent warning to taxpayers about the increasing prevalence of tax scams, particularly those that lure individuals into filing for inflated refunds. These scams often involve misleading advice that leads to false claims for various credits, including the Fuel Tax Credit, Sick and Family Leave Credit and Household Employment Taxes. Understanding these scams and their implications... read more »
The concept of remote work has gained tremendous popularity over the past couple of years, and the trend shows no signs of slowing down in 2023. With advancements in technology and changing work cultures, more and more employees are enjoying the benefits of working remotely. However, it is crucial to understand the tax implications that come with this modern work... read more »
As an economic resource, business assets are a vital part of your business that helps keep your company running. They can help when revenue is lean or help with potential expansion. Tangible assets are things like buildings, real estate, machinery, office equipment and vehicles that are used for the business, and others are intangible - or nonphysical - like... read more »
Are you looking down the road and planning your business's future? If so, you will want to plan not just for your lifetime, or as the leader of your business, but beyond this timeframe. Should the unplanned and unexpected happen, such as disability or death, with the help of estate planning, you will have set safeguards into motion so... read more »
If you wish to manage cash flow, keep control over your growing business, increase sales, improve profits, and continue the growth of your business, we would like to recommend a business advisor. Corporate Capital has many business advisors who are extensively trained in a wide assortment of business areas. To ensure that our business advisors can provide you with the... read more »
Some business owners are not aware that they can incorporate their business in the state of their choice. This even applies if the business owner does not live in the state in question. It is important to note that not all state business laws are created equal. The laws in some states are more beneficial for businesses than others. One... read more »
Owning a small business or operating a startup company comes with a significant amount of challenges and risks. It can be hard sometimes to ferret out the best course of action in the short or long term. A simple error in your business plan, accounting or operations could cause significant financial loss or even leave you vulnerable to legal action.... read more »