by Royer Advisors | Dec 11, 2024 | Deductions, Tax Planning, Tax Preparation
Slow-moving inventory is easy enough to discount or liquidate, but there’s another option that can give your Maine-based business more of a benefit: donate that stock or computer equipment to charity. In general, when you donate inventory or property used in...
by Royer Advisors | Dec 11, 2024 | IRS Regulation, Tax Planning, Tax Preparation
Due to the current federal government shutdown, IRS operations are limited. However, the tax agency issued a release stating “the underlying tax law remains in effect, and all taxpayers should continue to meet their tax obligations as normal.” Here are...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, Tax Preparation, Valuations
Whether you’re setting up a new company in the Greater Portland area, or you’ve been in business for years, you need to evaluate which legal structure is best for your enterprise. No one option is best for every type of operation. The number of owners,...
