Partnerships

Brandon DavisBusiness, Topic Videos

  Brandon Davis of Davis CPA Group in Joplin, MO, discusses partnerships as an entity.   Hi again, Brandon Davis with David CPA Group, here to talk to you today about partnerships. A continuation to discussions of choice of entity. You’ll see some links below to the previous videos that we’ve done in regards to other choices and other entity … Read More

Estate Planning

Brandon DavisBusiness, Topic Videos

  Brandon Davis of Davis CPA Group in Joplin, MO, discusses estate planning in terms of vehicles for estate planning and tax implications.   Hi Brandon Davis again with Davis CPA Group. Today I want to talk about estate planning. A lot of times when I’m working with my clients, particularly ones that have businesses for a long period of … Read More

Types of Entities — Corporations

Brandon DavisBusiness, Topic Videos

Brandon Davis of Davis CPA Group in Joplin, MO, discusses corporations in the context of choosing an entity type for a new business.   “Hi, Brandon Davis with Davis CPA group. Going to talk to you guys a little bit today about corporations and the taxation to corporations, and S corporations versus, what they call, C corporations, so we’re jumping … Read More

Types of Entities — LLC

Brandon DavisBusiness, Topic Videos

Brandon Davis of Davis CPA Group in Joplin, MO, discusses LLCs in the context of choosing an entity type for a business.   “Hi, Brandon Davis with Davis CPA Group again. I want to talk to you all about LLC, limited liability companies. We’ve talked before about different type of entity structures, and I want to talk a little bit … Read More

Types of Business Entities

Brandon DavisBusiness, Topic Videos

Brandon Davis of Davis CPA Group in Joplin, MO, discusses the different types of entities you have available to choose when forming your business. He also discusses the benefits and drawbacks to each. In this video, he covers Corporations, LLCs and Partnerships at a high level.   “Hi, I’m Brandon Davis, owner of Davis CPA Group in Joplin, Missouri. Today … Read More

Is Your Business Staying Competitive?

Brandon DavisBusiness

Every business owner launches his or her company wanting to be successful. But once you get your business out there, it usually becomes apparent that you’re not alone. To reach any level of success, you’ve got to be competitive with other similar businesses in your market.  Further, you have to find ways to out perform and make your business stand out. When strategic … Read More

Not necessarily a luxury: Outsourcing

Brandon DavisNews & Events, Taxes

outsourcing

For many years, owners of small and midsize businesses looked at outsourcing much like some homeowners viewed hiring a cleaning person. That is, they saw it as a luxury. But no more — in today’s increasingly specialized economy, outsourcing has become a common way to cut costs and obtain expert assistance.  It also allows your company to focus on its … Read More

The TCJA Temporarily Expands Bonus Depreciation

Brandon DavisNews & Events, Taxes

TCJA-expands-bonus-depreciation-01

There have been several stories in the media of late regarding the new tax law passed by Congress at the end of 2017.  Here are some provisions worth talking about for businesses.  The Tax Cuts and Jobs Act (TCJA) enhances some tax breaks for businesses while reducing or eliminating others. One break it enhances — temporarily — is bonus depreciation. … Read More

Could an FSA offer the benefits flexibility you need?

Brandon DavisNews & Events

FSA-benefits-flexibiltiy

Business owners have to make tough choices when it comes to providing benefits to their employees. Many companies, especially newer or smaller ones, may understandably prioritize flexibility and lower costs.  Health insurance plans have seen significant cost increases in recent years.   All that said, no one wants to get locked into a benefits offering that’s cumbersome to administer and expensive … Read More

Getting around the $25 deduction limit for business gifts

Brandon DavisTaxes

25-dollar-gift-limitation

At this time of year, it’s common for businesses to make thank-you gifts to customers, clients, employees and other business entities and associates. Unfortunately, the tax rules limit the deduction for business gifts to $25 per person per year, a limitation that has remained the same since it was added into law back in 1962. Fifty-five years later, the $25 … Read More