Category: Inventory

  • Should You Convert From a C to an S Corporation?

    Should You Convert From a C to an S Corporation?

    The best choice of entity can affect your business in several ways, including the amount of your tax bill. In some cases, businesses decide to switch from one entity type to another. Although S corporations can provide substantial tax benefits over C corporations in some circumstances, there are potentially costly tax issues that you should…

  • Inventory Management Is Especially Important This Year

    Inventory Management Is Especially Important This Year

    As year-end draws near, many businesses will be not only be generating their fourth quarter financial statements, but also looking back on the entire year’s financials. And what a year it’s been. The COVID-19 pandemic and resulting economic fallout have likely affected your sales and expenses, and you’ve probably noticed the impact on both. However,…