Former President Donald Trump has proposed lowering the federal corporate tax rate from 21% to 15%, aiming to enhance the U.S. economy’s global

Introduction When structuring a business, especially in industries involving professional services, understanding the tax classification of your entity is crucial. A common area

If you’re an accounting professional or advisor to privately held businesses, the Management Services Organization (MSO) strategy may feel unfamiliar. This is a

The Management Services Organization (MSO) is a well-established corporate structure that enhances operational efficiency, asset protection, and compliance. Unlike certain aggressive tax strategies

Reduce Your IRS Audit Risk by Filing a Tax Extension Filing taxes can be a stressful time for privately held business owners, especially

If you’re considering moving employees between entities under  common ownership—such as transitioning employees from an S corporation to a C corporation or implementing

The video by Alex Jones from Guardian Tax Consultants explains why cash flow is critical for privately held businesses. He emphasizes that cash

The Massive Tax Increase Businesses May Face If QBID Expires in 2025 The Qualified Business Income Deduction (QBID) allows businesses to deduct up

With the 2025 election approaching, business owners operating under LLCs, S-corporations, and partnerships need to prepare for potential tax law changes. The Management