February 2024

S corporation

S-Corp, C-Corp, Partnership, or Sole Proprietor. Which One is Right for Your Finances?

Financial Planning

Whether you’re considering starting your own practice from scratch or buying into an existing business, one of the first decisions you will need to make is your practice structure. Choosing the right structure is important, as it dictates your legal liabilities and how your practice is taxed.  There are four main practice structures: sole proprietorships, […]

S-Corp, C-Corp, Partnership, or Sole Proprietor. Which One is Right for Your Finances? Read More »

Beneficial Ownership Information Reporting Requirement

Healthcare Practice Management

There are new reporting requirements that impact most small business owners such as yourself. Small businesses that are registered to do business in any U.S. jurisdiction and those that do not qualify for an exemption are required to report Beneficial Ownership Information, (otherwise known as “BOI”), to the Financial Crimes Enforcement Network (FinCEN). The penalties

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