Cake’s Post

Creating a business is no small feat, and you've taken that bold step.  Your vision is now expanding towards creating an inclusive and motivating environment for those who are set to journey with you.  You recognize the importance of sharing success, which is why you're interested in implementing a stock option plan. Yet, before you can proceed, there's an important regulatory hurdle you need to clear: a 409A valuation.  This is a necessary step, mandated by the IRS, to ensure that the stock options you provide to your staff are issued at fair market value and comply with federal taxation laws.  How to get started? Access our FREE Guide using the details in the comments.

Investment property can be a valuable employee perk and a tax deduction, which is why it's always top of mind for clients. What questions do you have about it? Let's start a conversation in the comments below. BGW CPA, PLLC #anythingbuttypical #notyouraverageaccountants #savemoneymakemoneystayoutoftroublehavefun #investmentproperty #taxdeduction #employeeperks

Optimise your business structure with our latest insights on transitioning from a Discretionary Trust to a Company! This crucial guide by Senior Associate, Kimberley Barnes and Special Council, Natalie Cameron outlines five (5) strategies to restructure effectively, avoiding unnecessary tax or duty impacts. Quick tip: Always consider the future operational and tax implications of your new structure. Wondering which strategy best suits your business needs? Dive into our comprehensive analysis and start planning your next move. READ MORE: https://lnkd.in/gU8DEtsy #BusinessTransformation #TaxPlanning #LegalInsights #MakeTheShift #ExpertAdvice

Ever wondered why the wealthy seem ruthless with expenses, especially taxes? 🤔 Dive into the wealthy mindset and discover their secret to turning liabilities into assets! 💡 Learn how they navigate the tax code legally to pay less than the average employee. 💼💰 Ready to think like the wealthy? Watch now! #WealthMindset #FinancialFreedom #AssetBuilding

Corporations offer unparalleled liability protection and potential for growth through stock issuance. With the ability to attract investors and raise capital, corporations are ideal for ambitious ventures eyeing expansion. However, they come with stricter compliance requirements and the potential for double taxation—profits taxed at both the corporate and individual levels. It's crucial to assess your long-term goals, risk tolerance, and tax considerations when choosing this structure. #taxes #FinancialWisdom #smallbiz #accounting

📊 At TLC Business Solutions, our Reasonable Compensation services are tailored to meet the specific needs of S corporations with shareholder-employees. 📈 We undertake a thorough process to provide detailed annual compensation reports for each shareholder-employee, ensuring compliance with IRS guidelines. 💼 This meticulous approach is designed to prevent potential tax complications and penalties that could arise from misclassifying compensation. Our service is not just about compliance; it's also about safeguarding the financial well-being of your business and maintaining its integrity in the eyes of the IRS. #ReasonableCompensation #IRSCompliance #ShareholderEmployees #FinancialWellbeing #TaxCompliance #CompensationReports #SafeguardYourBusiness #IRSRegulations #BusinessIntegrity #FinancialIntegrity #TaxPenalties #BusinessCompliance #Sustainability #FinancialPlanning #LegalObligations

Consultants vs. Employees: Share Options 💼🔍 Explore the key tax differences and learn how they impact your financial strategy. Essential reading for consultants and employers to make informed decisions. #VantageFeeProtect #TaxArticle #ShareOptions Read more here: https://ow.ly/nOgn50SMlh5

Could you unlock more growth with the power of Internal Revenue Code Section 1202? In this article, our Private Bank team explores the Qualified Small Business Stock exemption that’s designed to encourage long-term investments in small, growth-oriented businesses by significantly reducing the tax burden on successful investments.

OMG, two of our healing leaders in one session. I love this session topic, Beau Eckstein & Michael Ian Reeder CPA! This is such good content related to why and how W2 employees should also own businesses as a tax strategy. The tax code is written in the favor of business owners to help them generate jobs. Employees are the government's favorite because they are taxed the most. If you are an employee and considering growing your wealth, this session is education that can help you along the way. This one's for you. https://lnkd.in/e455ajvT #businessownership #sidehustle #investinbusinesses #businessinvestor #taxstrategies #businesswriteoffs #retainwhatyouearn #franchiseownership

Check out this video; it might just be the best decision you make today, or even all year. Trust me, you'll gain some valuable insights. Discover why owning a small business is something everyone should consider.