C corporations that collect dividends have a beneficial tax deduction available to them. It is called the “dividends-received deduction” and it lessens or potentially diminishes the extra level of tax on dividends that a corporation can receive. This results in the corporation’s tax rate on dividends being lower than their rate on capital gains. Ordinarily, […]

Many businesses as still reeling from the effects of the COVID-19 pandemic shutdowns, the Great Resignation and supply chain issues. Hopefully, your business was one of many that took advantage of the Paycheck Protection Loan Program (PPP) and the Employee Retention Tax Credit (ERC). PPP Forgiveness As a reminder, when the CARES Act was passed […]

Strategic planning will better the position the company to sell more to current customers, and possibly to new markets as well. However, there are a variety of different aspects that go into strategic planning, thus making it difficult to know where to start and in which direction to go. Here are a few simple ways […]

Upon claiming Social Security benefits, some people are unaware that they will be taxed by the federal government for the amounts that they receive. This is no surprise as it is different for each person. Whether you are taxed on your Social Security benefits is dependent on your other income. Essentially, if your income is […]

If your small company or start-up business is planning to claim the research tax credit, there is an option you can undertake, subject to limits. This opportunity is to elect to apply all or some of any research tax credits that you earn against your payroll taxes instead of your income tax. This election may […]

Businesses with multiple owners generally benefit from a variety of viewpoints, diverse experience and strategic areas of specialization. However, what would happen if one of the owners decides, or is compelled by circumstances, to leave? At Rudler we suggest the creation and implementation of a buy-sell agreement. This is a legal document that spells out […]

Did the downturn in the stock market cause the value of your retirement account to decrease? If it did and you have a traditional IRA, this decline may provide a valuable opportunity for you to convert your traditional IRA to a Roth IRA at a lower tax cost. Traditional vs. Roth Here is what makes […]

Do not forget that the next quarterly estimated tax payment deadline is June 15 for both individuals and businesses! With that being said it is a good time to review the rules for computing corporate federal estimated payments. Essentially you want your business to pay the minimum amount of estimated taxes without triggering the penalty […]

You may not be the only business that will be looking to heat up your marketing, so you’ll have to stand out. With summer already in full swing, you can still do this in a pinch with some unique and simple summer marketing ideas. Here are three ideas to consider. 1. Support summer camps and […]

Many people own Series E and Series EE bonds that were bought many years ago. They may rarely look at them or think about them except on occasional trips to a file cabinet or safe deposit box. You may wonder: How is the interest you earn on EE bonds taxed? And if they reach final […]