Driving for Business: Standard Mileage vs. Actual Expense Deductions
CSI Accounting & Payroll
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5d ago
Nobody gets reimbursed for their commute to and from work. However, when your employees drive their cars for business purposes, you can reimburse them.  ..read more
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Using the Section 338 Election: Stock Sale Treated as an Asset Sale
CSI Accounting & Payroll
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2w ago
When you’re looking to buy a specialized business, it can take a lot of time to get your own licensing, patents, contracts, and customers. Time is money – can you afford to wait ..read more
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Using 401(k) to Buy a Business: Rollover for Business Startups (ROBS) Account
CSI Accounting & Payroll
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2w ago
Whether you’re aiming for a stock sale or an asset sale, you need a great way to finance a small business. There are a lot of options out there ..read more
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Using Generation-Skipping Transfer to Exchange Business Ownership
CSI Accounting & Payroll
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2w ago
When you have large assets in your name – like a business – using a generation-skipping transfer can present some benefits for both you and your relative ..read more
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Can You Put a Business in a Trust?
CSI Accounting & Payroll
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1M ago
If you own a small business, you probably have a plan for what you want to happen to it when you’re not around one day. Maybe you know who you want to run it, or maybe you have an idea of how to split up ownership ..read more
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What Is an Employee Stock Ownership Plan (ESOP)? Benefits & Tax Considerations
CSI Accounting & Payroll
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1M ago
As a small business owner, you value your employees. Giving them a slice of the company pie via an employee stock ownership plan (ESOP) is a great way to reward hard work and have a plan for your business’s future. It can also benefit you a bit, too ..read more
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Gifting Ownership: Passing Down a Business
CSI Accounting & Payroll
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1M ago
Your small business is your passion, but almost every business owner dreams of retiring one day. There are many ways to transfer business ownership, but have you considered gifting it ..read more
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Asset Sale vs. Stock Sale: Pros and Cons for Selling a Business
CSI Accounting & Payroll
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1M ago
Whether you’re trying to sell your business or buy a business, you should know whether a stock sale or an asset sale is more beneficial for your situation ..read more
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Estimated Quarterly Tax Payments: Who, How, When, & Why?
CSI Accounting & Payroll
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1M ago
As a small business owner, you may have heard about estimated quarterly tax payments. However, you may not know why some people make the payments – and some people don’t ..read more
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How to Find a Small Business Consultant
CSI Accounting & Payroll
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1M ago
When you own a small business, you know that you don’t know everything. Your area of expertise is in providing a quality product or service, but many other things go into running and growing a business ..read more
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