Posts

power of attorney

What to Know About ‘Power of Attorney’

A general power of attorney gives broad powers to a person or organization, known as an agent or attorney in fact, to act on your behalf. What powers? Handling financial and business transactions. Buying life insurance. Settling claims. …
program

Multistate Sales Tax Amnesty Program for Online Retailers

The Multistate Tax Commission announced that it is working with 13 states to implement a sales tax amnesty program aimed at getting online retailers to register and file sales tax returns.  The main benefit of the amnesty program is that sellers…
1031 exchange
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Wondering About a 1031 Exchange

Perhaps you've heard of 1031 exchanges or like-kind exchanges, but you're unsure of the benefits or whether you even qualify. The Internal Revenue Code 1031 is available to those who hold a property that qualifies as productive use in business…
agreement

Understanding the Components of a Buy-Sell Agreement

You want to protect your company against disruptive, harmful, and nonproductive owners, which may include divorced spouses, competitors, and disgruntled former employees. And you’re also thinking that your estate needs protection. You decide…
eligible

Wondering if You’re Eligible for R&D Credits

If you're a business owner who wants to eliminate the uncertainty in developing a new product or improving an existing one, you're probably engaging in research and development. Unfortunately for them, many business owners don't realize that…