Nellie Akalp

A professional title infers a level of authority, responsibilities and legal accountability, so it's important to choose wisely.

The Qualified Business Income tax deduction of 20% is set to expire in 2025 (unless it's extended), which may have clients who are starting a business wondering about the potential impact of their choice of entity.

With steep penalties of up to $500 per day for each day a BOI report is late, business owners will want to make sure they get theirs in on time.

Along with the possible requirement to file paperwork for establishing the corporation in the new state, there may be changes in tax responsibilities.

If you have clients with businesses in multiple states, product or service sales in different states, or employees in other states, they need to know a thing or two about nexus.

At some point in a business's lifetime, it may make sense to change its legal business structure.

As clients decide on the business entity type that will offer the most advantages — legally and financially — they'll have much to consider.

Clients who are the sole owner of an LLC may wonder how electing S corporation status will affect how they get paid from their businesses.

What are the consequences for the service provider and client? And what is the protocol for fixing those types of mishaps?

Many businesses have team members across state lines, and you may have clients with remote employees in other states. Payroll can get confusing and tricky in those situations!

What are the possible advantages and what should business owners think about?

If you're looking for ways to expand your revenue streams, you may be considering offering statutory agent services.

Many business owners don't realize the limited liability company structure has several variations.

Help clients determine their sales tax obligations in the jurisdictions where they sell taxable products and services.

As the end of the year approaches, it’s time for your business clients to take stock of — and tackle — any outstanding business compliance tasks.

Various factors influence how business owners structure their companies and whether they decide to set up a holding company.

What are some things your clients need to be aware of when considering transferring a business entity’s charter to a different state?

The topic of Employer Identification Numbers is sure to arise as accountants help clients get all of their tax to-dos in order.

When choosing a business entity type, general contractors must think about the legal, financial and tax implications.

From legal considerations to tax implications, these entrepreneurs face some unique challenges.