Plan ahead for the coming tax rate increase
The government has put trillions of dollars into the economy to deal with COVID-19. Now, what do we do in a rising tax environment? How do we plan? Read more»
How to keep your pest control company solvent during the coronavirus pandemic
Dan Gordon, CPA, shares information about the recent tax extension and the recently signed bill, H.R. 6201 – Families First Coronavirus Response Act. Read more»
Understanding the tax audit process
At some point, your pest control company probably will be selected for a sales and use tax audit — and you’ll need to be prepared. Read more»
Section 199A: Tax reform’s gift to PMPs
Section 199A, passed as part of U.S. tax reform efforts in December 2017, gives many small business owners a 20 percent qualified business income deduction. Read more»
Reduce taxes with proper deductions
As the adage goes, you’ve got to spend money to make money. It follows that knowing how to maximize your deductible business expenses lowers your profit — and therefore, your taxes. What can you deduct? The income tax rules... Read more»
M&A: Don’t overlook tax impact on sellers
One commonly overlooked aspect of a mergers and acquisitions (M&A) transaction is determining the tax impact on the seller. Without proper tax planning during the early stages of the transaction, you may end up hitting a home run in terms... Read more»Transition Strategies: How to Offer Employees Equity
If you’re a pest management business owner who has one or more long-term key employees who wants to own equity in the business, but doesn’t expect to have to pay the fair market value for such an award, be mindful... Read more»M&A: Legal Dos and Don’ts
When a transaction opportunity presents itself, many small-business owners turn to their attorneys. But while their experts might be knowledgeable about general corporate matters, they might have little expertise in the various business, accounting, tax and legal matters that need... Read more»