Dividing marital assets can be a long, complicated process, especially if a divorce case involves a private business interest. Failure…
At first glance, the word “concentration” might seem to describe a positive quality for any business owner. You need to…
Financial statements can fascinate accountants, investors and lenders. However, for business owners, they may not be real page-turners. The truth…
For federal income tax purposes, the general rule is that rental real estate losses are passive activity losses (PALs). An…
KSDT CPA is proud to announce that Jeffrey Taraboulos, Managing Partner, has been recognized as one of the 2025 Power…
Owners’ equity is the difference between the assets and liabilities reported on your company’s balance sheet. It’s generally composed of…
New and used “heavy” SUVs, pickups and vans placed in service in 2025 are potentially eligible for big first-year depreciation…
The Fifth Circuit has reinstated the Corporate Transparency Act (CTA) filing requirements, with most entities required to file by January…
Timing is critical in financial reporting. Under accrual-basis accounting, the end of the accounting period serves as a “cutoff” for…
Running a closely held business is challenging. Owners usually prioritize core business operations — such as managing employees, serving customers…