Ask the accountant: Are you missing the signs that it’s time for change?


Today’s Ask the accountant questions are:

Should I restructure my business to benefit from the new tax cuts?
Is the cash method of accounting better?
Do I need a new auditor?

Corporate tax rate cuts do look appealing. But, you have to decide if the new tax rate is worth the other considerations of becoming a C corp.

Some business owners opt for a pass-through structure – a special tax status that eliminates double taxation issues related to business and personal taxes by choosing a structure…

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