Tip For Maximizing Business Value

Cartoon graphic with a jeopardy panel titled "Business Value Jeopardy" with text "Name the three best line items in the income Statement to hide your Florida condo expenses!"

Tip #25 Burying excessive personal expenses in the business financials can lower business value! The most popular method of valuing a business uses a multiple of earnings over a period of years. Business owners should be aware of that while attempting to reduce the bottom line with personal expenses to minimize taxes. Though there are […]

BakerTilly.com on Tax Reform

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Authored by Paul Dillon, Michelle Hobbs and Michael Wronsky GOP congressional leaders and the White House have announced the tax reform framework that has been agreed to by the “Big Six” negotiators. The Big Six comprises Speaker of the House Paul Ryan, House Ways and Means Committee Chair Kevin Brady, Senate Finance Committee Chair Orrin […]

Department of Taxation

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Visit their website to “file tax returns, make payments, view letters, manage your accounts, conduct other common transactions online ” and much more.