For many California-based business owners and entrepreneurs, the tax savings and liability protection of an S corporation have made this entity a popular choice. However, an S corporation alone won't …

If your business qualifies, it's important to take advantage of the special depreciation for qualified production property. While rules haven't been finalized, the IRS's interim guidance indicates tha…

Whether you're the purchaser or seller, it's essential to accurately prepare IRS Form 8594 while avoiding pitfalls that can attract IRS scrutiny. Both the buyer and the seller of the business must sub…