Don’t let the holiday rush keep you from considering some important steps to reduce your 2021 tax liability. You still have time to execute a few strategies. Purchase assets Thinking about buying new or used equipment, machinery or office equipment…
Events & News
Tax Brief: Starting a Small Business? Factors to Consider When Choosing an Entity
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…