What’s the Best Entity Structure for a Small Business?

In my last blog, I discussed the different entity structures for a small business.  In this blog, I compare and contrast the Partnership versus the S Corporation.  It is important to evaluate the different options with a full understanding of the advantages and disadvantages.                      
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Forensic Accountant’s Role in a Divorce

Forensic accountants can be very helpful and are oftentimes an important component of a divorce litigation team.  We uncover unreported income and assets, value closely-held businesses, prove claims of separate property, and provide guidance on tax consequences for the divorcing parties. Does your tax return report investment income from an account at a financial institution
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A Tax Break that is Actually Free

Tax credits and incentives usually come at a cost that is tied to some kind of increased spending for the taxpayer.  However, there is a tax incentive for “manufacturer’s” that is free. It’s referred to as the Section 199 deduction (referring to the section of the Internal Revenue Code where the deduction is explained) and
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