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Charlotte LLCs-3 Key Questions to be Answered at Setup Part 1

Posted by Michael Beauchemin on Fri, Mar 11, 2011 @ 03:57 PM So, you’re setting up an LLC.  What do you know about an LLC, other than a lawyer advised you to set one up to protect your personal assetts. Did you you know that has an LLC has no meaning in regards to taxes to…

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Big Tax Savings for NC Business Owners

Posted by Michael Beauchemin on Thu, Jun 07, 2012 @ 12:15 PM Over the past several years, it seems like we have been posting negative information for business owners regarding new regulations and the possibility of significant tax increases in 2013.  Taxmageddon is approaching in January, 2013 if Congress, the Senate and the President don’t make any changes…

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Is a CPA Important to a Business?

So, you started a business and bought a copy of QuickBooks.  You are going to load up that bad boy on your computer, enter a few numbers and away you go.   You’re all set to keep detailed financial records. Who needs to spend a few hundred dollars a month for the services of a CPA.  You’re…

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CPA Firms and Businesses Hope for a Repeal of 1099 Requirements

Congress has returned from its August and recess and wasted no time getting down to business.  Yesterday, the Senate cleared a hurdle to pass It’s Mini-Tarp, aka the Small Business Bill.  After the cloture vote passed, the Republicans could not stop it.  They then turned their attention to amendments to the bill. One issue they tried to tackle was to to ease…

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