Year-End Tax Tips For Entrepreneurs

Posted on: December 24, 2013 | By: dunn_access | Tax Planning

By Stephen J. Dunn The following tips are limited, except where noted, to cash basis taxpayers.  They suggest ways of accelerating deductions into 2013, and should not be...

The Unwitting General Partnership

Posted on: December 9, 2013 | By: dunn_access | Civil Tax Controversies, Tax Planning

By Stephen J. Dunn As an entrepreneur, the form of entity you want for your business is not a general partnership, but a corporation or a limited liability company. State...

Why You Really Need A Qualified Retirement Plan

Posted on: October 30, 2013 | By: dunn_access | Personal Finance, Tax Planning

By Stephen J. Dunn You cannot rely upon Congress to provide for the long-term solvency of the Social Security trust fund.   You need to provide for your own retirement.  Your first...

. . . But Make Sure It’s A Charity

Posted on: July 5, 2013 | By: dunn_access | Estate Planning, Tax Planning

By Stephen J. Dunn This is the second of two articles on charitable giving.  The first article questioned the wisdom of leaving property to individuals, and urged instead the making...

Give Your Property To Charity . . .

Posted on: June 23, 2013 | By: dunn_access | Estate Planning, Tax Planning

By Stephen J. Dunn This is the first article of a two-part series on charitable giving.  This article examines the benefits of charitable giving.  The second article suggests basic due diligence...

Estate Plan Funding for Spouses

Posted on: May 27, 2013 | By: dunn_access | Estate Planning, Ethics, Tax Planning

By Stephen J. Dunn This is the third post in a three-part series on estate planning for a married couple.  The first post concerned ethical issues in estate planning for...

The Unified Credit Freeze, Not the Philly Freeze

Posted on: May 11, 2013 | By: dunn_access | Estate Planning, Tax Planning

This is the second post is a three-part series on estate planning for a married couple.  The first post concerned ethical, legal issues in estate planning for a married couple. ...

Employees or Independent Contractors?

Posted on: March 31, 2013 | By: dunn_access | Employment Taxes, Personal Finance, Tax Planning

By Stephen J. Dunn A company operates a maid service that cleans residences. The company has always treated its maids as independent contractors rather than employees. The company...

Discharge of Indebtedness Income? Really?

Posted on: February 18, 2012 | By: dunn_access | Civil Tax Controversies, Discharge of Indebtedness Income, Tax Planning

By Stephen J. Dunn By now many people have received a Form 1099-C, Cancellation of Debt, concerning discharge of indebtedness income allegedly realized by them in 2011. If you...

Worthless Stock in a Small Business Corporation: Silver Lining in a Dark Cloud

Posted on: October 21, 2011 | By: dunn_access | Tax Planning

By Stephen J. Dunn A client recently came to me after his company had undergone an excruciating IRS audit. He was represented in the audit by one of...