Should You Lease or Buy Business Equipment

Melissa Clary Business, News 0 Comments

As a business owner you are often faced with the decision whether to buy or lease new business equipment. Many business owners first thought is to buy the equipment, but possibly leasing is preferable. * Conserving cash can be important. Purchases normally require a 10% …

1099 Rules Repealed

Melissa Clary Business, News, Uncategorized 0 Comments

New law repeals the expanded Form 1099 reporting rules On April 14, 2011, President Obama signed legislation – the “Comprehensive 1099 Taxpayer Protection and Replacement of Exchange Subsidy Overpayments Act of 2011” – repealing expanded reporting rules for businesses and …

1099 Rules Repealed

Melissa Clary Business, News, Uncategorized 0 Comments

New law repeals the expanded Form 1099 reporting rules On April 14, 2011, President Obama signed legislation – the “Comprehensive 1099 Taxpayer Protection and Replacement of Exchange Subsidy Overpayments Act of 2011” – repealing expanded reporting rules for businesses and …

Buy-Sell Agreements

Melissa Clary Business, Tax 0 Comments

Who needs a buy-sell agreement? A buy-sell agreement is needed for every co-owned business.  Every day that value is added to the business increases the financial risk when this agreement isn’t in place.  Business owners often ask CPAs about how …

Business Entity Selection

Melissa Clary Business, Tax 0 Comments

Business Entity Selection When starting a business you must decide what type of business entity you are going to establish.    It is important to consider the legal and tax implications for the different types of entities before you make this …