In 2000, Congress passed the Senior Citizens Freedom to Work Act which introduced a new concept of“Voluntary Suspension”. The most recent changes to the law and factors such as earnings history, relative ages, life expectancy, and more are all factors that will determine the best strategy. Click here to learn more.
Small business tax fraud has become one of the leading scams across the country and can completely wreck your company's reputation. In order to avoid committing tax fraud, check out these helpful tips you should consider.
Did you know that a common misperception about starting a new business is all costs associated with new business are immediately deductible? If you are in doubt about your deduction, click this article to learn more.
Whenever valuing a minority ownership, i.e. less than 50% ownership of a closely held business, it is necessary to include discounts to the final valuation to reflect the minority interest and lack of marketability.
Now that we have had a couple of weeks to analyze the new law in place, many taxpayers are anxiously trying to determine what this all means for them. Click here to read the article by CST Group Partner Kathy Jensen.
Congress has enacted the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount of federal tax you will pay.
In today’s fast paced ever changing world, many self-employed individuals have found effective ways to reduce overhead costs and office rent by setting up an office space in their home. Not self- employed? Click the article to learn more.
Do you know the difference between an employee and an independent contractor? For small business owners, this is a very common question they often find themselves asking. Often it is unclear whether the person completing the job is considered a company employee or an independent contractor. The answer will have important tax implications.
Is your company protected from employee theft? Employee theft is extremely costly for any company and according to research, the median amount stolen is approximately $175,000. Read these 5 options to reduce employee theft.
Due to the extreme devastation caused by Hurricane Harvey, CST Group has extended its charitable donations outside the local area. The Houston Food Bank is an organization helping to rebuild lives by providing food and supplies to struggling residents in the southeast Texas area.
When an individual receives equity in a company as compensation they must pay taxes on it. The tax liability is calculated at an income tax rate based on the fair market value of the equity at the time it was given to the individual.