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The small town and rural business resource. What business stage are you in? X02026; For those who are dreaming or planning to start a business of their own. X02026; For those who have a business, but are looking to step up to a new level. Share it in the Brag Basket. Brag Basket is a great deal! Catch.

Friday, May 2, 2014. Due to popular demand, this is a re-post of a prior posting as posted May, 2012. Usually accountants shy away from legal topics, but one topic keeps coming up in our profession. The creation of partnership agreements. This is a particularly interesting topic now that the IRS has significantly increased late-filing and non-filing penalties for partnership returns. For this reason, the IRS issued a failure to file penalt.

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What type of business entity should you choose? A qualified tax advisor can ask the right questions about your your short- and long-term goals and help you choose an entity that will maximize your profits and minimize your taxes right from the. How to choose a tax advisor.