Net Operating Losses
Article by: Jeff Skolnick, CPA, M.S. Taxation Whether incurred by individuals, estates, trusts or corporations, net operating losses (NOLs) have…
Why you need a Buy-Sell Agreement if your business has multiple owners
Article By: Jeff Skolnick, CPA, M.S. Taxation The purpose of a buy-sell agreement is to facilitate a change in ownership…
Initial Steps to Opening a Business
INITIAL STEPS TO OPENING YOUR BUSINESS By: Jeffrey Skolnick, CPA, M.S. Taxation This blog is meant to start you out…
Why Should I Write a Business Plan?
Why write a business plan? Article By: Jeffrey Skolnick, CPA, M.S. Taxation A business plan is going to serve as…
HOW LONG SHOULD I KEEP TAX RECORDS?
Article by: Jeff Skolnick, CPA, M.S. Taxation This question is one of the most popular ones that I receive from…
Deducting Automobile Expenses
Deducting Automobile Expenses Article by: Jeff Skolnick, CPA, M.S. Taxation Who can deduct automobile expenses? Any business may reimburse individuals…
WHAT ARE CAPITAL GAINS AND HOW ARE THEY TAXED?
Article by: Jeff Skolnick, CPA, M.S. Taxation There is always a great deal of discussion on capital gains and losses,…
EDUCATION CREDITS, DEDUCTIONS AND MORE – HOW MUCH CAN THEY HELP WITH COLLEGE COSTS?
Article By: Jeff Skolnick, CPA, M.S. Taxation There are a number of items available in the tax code to assist…
Choosing an Entity
Article By: Jeffrey Skolnick, CPA, M.S. Taxation Choosing an entity structure is very important. Although it is possible to change…
Mortgage Interest Deduction Traps
Mortgage Interest Deduction Traps Article By: Jeff Skolnick, CPA, M.S. Taxation At a time when interest rates are at a…