The Edge Newsletter
Tax Tips for Recently Married Taxpayers
This is the time of year for many couples to tie the knot. When you marry, here are some post-marriage tips to help you avoid stress at tax time.Notify the…
Best Practices for Managing Your Business Through an Economic Downturn
The United States economy is nothing if not cyclical – which can be a good thing or a bad thing depending on when, exactly, you’re trying to operate a business.According…
Small Businesses Can Benefit from the Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) is a general business credit that is jointly administered by the Internal Revenue Service (IRS) and the Department of Labor (DOL). The WOTC is…
What Is A Virtual Private Network (VPN) And Why Do I Need One?
By: Paul Gust, Partner DBC Netwerks The term “VPN” gets bounced around a lot, and most people seem to have a vague understanding that it “has something to do with…
Are Damage Awards Taxable?
Frequent questions that arise are: Are amounts received from settlement of lawsuits and other legal remedies taxable? Are the legal fees paid in connection with these payments tax deductible? The…
S Corporations Reasonable Compensation Requirement
Unlike a C corporation, which itself pays the tax on its taxable income, an S corporation does not directly pay taxes on its income; instead, its income, losses, deductions, and…
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