The Truth About the Home Gain Exclusion

The Truth About the Home Gain Exclusion

Michael BowmanMr. Bowman is a Partner with Anderson Law Group in the firm’s Las Vegas office. He received his Bachelor of Science degree in business from Arizona State University. After spending five years in the computer industry, Mr. Bowman received his Juris Doctor from Seattle University School of Law and is licensed to practice in…

Hobby For Profit!

Hobby For Profit!

Is your hobby a for-profit endeavor? Whether an activity is a hobby or a business may not be apparent to the customers of the endeavor, but distinguishing the difference is necessary for tax purposes because the tax treatments are substantially different. The IRS provides appropriate guidelines when determining whether an activity is engaged in for profit, such as a business or investment activity, or if it is engaged in as a hobby.

Webinar – How to Save Your Assets and Protect Your Business

Webinar – How to Save Your Assets and Protect Your Business

How to Save Your Assets and Protect Your Business!
Corporate Compliance is not just a matter of keeping your business looking professional, owners must observe certain corporate formalities in order to reap the benefits. Formalities protect you and any other officers, directors or shareholders from personal liability for the corporation’s debts and obligations.

Tax Day – April 15 in History

1452 – Leonardo da Vinci, Italian painter, sculptor, and architect was born 1861 – President Abraham Lincoln calls for 75,000 Volunteers to quell the insurrection that soon became the American Civil War 1865 – President Abraham Lincoln dies after being shot the previous evening by actor John Wilkes Booth. Vice President Andrew Johnson, becomes President…