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