Making the Most of the Clergy Housing Allowance
A housing allowance one of the best benefits for clergy and pastors. The benefit is two-fold: 1) the income is excluded from gross income for income tax purposes and 2)
01/24/2025
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Fundamentals of IC-DISC
What is an IC-DISC? An IC-DISC, or Interest Charge Domestic International Sales Corporation, provides extensive Federal income tax savings for U.S. exporters and manufacturers. An IC-DISC is a non-taxable C-Corporation
01/24/2025
BOI – Red Light, Green Light, Red Light?
On January 23, 2025 the Supreme Court issued a ruling that lifted the nationwide injunction delaying the enforcement of Beneficial Ownership Information reporting under the Corporate Transparency Act. However, FinCEN’s
01/24/2025