Tax Plannings
·For tax purposes, do I have
to run my company on a calendar-year basis? Under what
conditions can I change to a fiscal year instead?
·What criteria must an
individual or business meet to qualify for a home office deduction?
·How do I compute depreciation
for my business if it is subject to the Alternative Minimum Tax?
Organization Management Questions
·Should I structure
my business as a corporation, a partnership or a proprietorship? What are
the relative advantages and disadvantages?
·What is an "S
corporation"? How does it differ from a "regular" corporation?
Continuity/Succession Questions
·Should I have a
buy-sell agreement with my partners/shareholders? Should the
agreement be funded with life insurance?
·How can I establish a
succession plan that ensures continuity in my business when I retire
or die?
Salaries/Benefits
·Should I establish a
401(k) plan? Should it be funded entirely by my employees or by a
mix of employee and company contributions?
