by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, IRS Regulation, Tax Planning, Tax Preparation
The Tax Cuts and Jobs Act (TCJA) introduced a flat 21% federal income tax rate for C corporations for the 2018 tax years and beyond. Previously, profitable C corporations paid up to 35%. This news has caused many business owners in Maine and elsewhere to ask: What is...
by Royer Advisors | Dec 11, 2024 | Business Plans, Tax Planning
Would you be interested in investing in a business that allows you to later sell your stock tax-free? It may be an option for qualified small business corporation (QSBC) stock that was acquired on or after September 28, 2010. Sales of QSBC stock may be eligible for a...
by Royer Advisors | Dec 11, 2024 | Business Plans, IRS Regulation, Tax Planning, Tax Preparation
Starting in 2018 under the Tax Cuts and Jobs Act (TCJA), Federal income tax rates for C corporations have been reduced to a flat 21%. But what about pass-through businesses? Congress devised a special tax break for pass-through businesses to help achieve parity...
by Royer Advisors | Dec 11, 2024 | Business Plans, IRS Regulation, Tax Planning, Tax Preparation
You may have heard about the Tax Cuts and Jobs Act (TCJA) provides businesses with lower income tax rates, but there’s more to it than that. Here’s an overview of some lesser-known, business-friendly changes under the new law, along with a few changes that could...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
Many employers in Maine believe their employees expect to work past age 65. A recent survey by the Transamerica Center for Retirement Studies states that one reason for staying on the job longer is that so many older workers experience a shortfall of retirement...
by Royer Advisors | Dec 11, 2024 | Business Plans, Court Rulings, Valuations
In re Books a Million Stockholders Litig., 2016 Del. Ch. LEXIS 154 (Oct. 10, 2016) The Delaware Court of Chancery dismissed a minority shareholder challenge to a going-private merger, concluding the defendant directors did not act in bad faith when they favored the...
