Series LLCs in Delaware
A series limited liability company is a limited liability company that is allowed to form multiple “series” that are shielded from...
Should I Keep A Corporate Record Book?
Any corporation or company formed with the Secretary of State should keep a corporate record book. While there are no federal laws...
Can My Work Clothing Be Used As A Tax Deduction?
The first step to determining whether your clothes can be used as deduction is to figure out whether your clothes are also suitable for...
Am I Subject to a Marriage Bonus or Marriage Penalty Under the TJCA?
An intended consequence of the TCJA is that the combined tax liability of a married couple may be higher or lower than the combined tax...
I Just Started A New Business Venture, Now What?
First off, congrats! Beginning your own business is an exciting and rewarding experience. But now, let’s get down to business (pun...
Buyouts and Early Retirement Packages: Are They Considered Taxable Income?
Sometimes, a company will decide that it is in their best interests to relocate to another state or country. Unfortunately in this event,...
Cryptocurrency and the IRS
Despite the fact that it has been around for approximately a decade, cryptocurrency has been a huge hit over the past couple of years....
Do I Have to Pay Taxes on Daily Fantasy Sports Winnings?
The NFL opened up their 100th season this past weekend with all 32 teams in action. The beginning of football season means a lot of new...
Pros and Cons of Converting Your Traditional IRA to a Roth IRA
The market of the United States has been recently volatile. While it is hard to pin point an exact cause, the effect is still the same....
Do I Really Have to Keep All of These Tax Documents? Tips for Tax Record Keeping in the Digital Age
Despite Michael Scott’s assertion that paper will be around for forever, it’s becoming less and less meaningful in terms of both...
