People who own capital assets in Florida short-term—for less than a year—and sell them at a higher price won’t pay any Florida capital gains tax on the profit. However, they [...]

A quality of earnings report—QoE or QofE—is an important financial document written by a team that includes an independent accounting firm. The report provides an extensive review of a company's [...]

Understanding how the Florida self-employment tax works for small and midsize business (SMB) owners in the state is one of the many considerations to take into account when opening a [...]

Tax strategies for small business owners help you protect as much of your business income as possible so that you can achieve your financial goals. Reducing your tax burden strategically [...]

S-corp shareholder-employees must pay themselves a reasonable salary and remit the corresponding federal self-employment taxes or risk heavy penalties from the IRS. Determining a reasonable salary for S-corporation shareholders who [...]

Every business knows that reporting your company's financial position is an obligation, but why are financial statements important? Essentially, your company's financial statements provide insight into the business's financial health [...]

The best business structure for your construction company will depend on many factors. The answer will also vary from business to business. That's why it's essential to get professional advice [...]

A fractional CFO (chief financial officer) offers many benefits to small to mid-sized businesses, including improved financial health and streamlined cash-flow management. Hiring a fractional CFO provides the perfect balance [...]

Choosing between ERP vs accounting software for your business is an important decision both logistically and financially. While some business owners are drawn to the flashy features offered by ERP [...]