Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work best for you — a C corporation or a pass-through entity such as a sole-proprietorship, partnership,…
Tax Preparation: Social Security Tax 2022
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $147,000 for 2022 (up from $142,800 for 2021). Wages and self-employment income above this threshold aren’t subject to Social Security tax. Background…
How to Start a Hedge Fund
Starting a Hedge Fund – 2021 Before we discuss how to start a hedge fund, let’s define what it actually is: A hedge fund is a pool of investor money that uses various strategies to generate returns and/or manage risk…
Audit Brief: Engage Auditor Now, Start Planning
Going concern disclosures today With the COVID-19 pandemic well into its second year and the start of planning for the upcoming audit season, you may have questions about how to evaluate your company’s going concern status. While some industries appear…