Robinson Legal Group, Ltd.
Small Business & Tax Attorney

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Posts in Business Tax
Work Opportunity Tax Credit: A Tax Credit Designed to Reward Hiring the Most in Need

Although the value of a tax credit should never be the sole reason a particular employee may be hired, it should definitely be a consideration. There are a number of successful companies who demonstrate a commitment to hiring individuals from disadvantaged backgrounds including Columbus-based Hot Chicken Takeover and Bay-Area based The Town Kitchen. Therefore, don’t be afraid to take a shot on someone from a disadvantaged background. There might just be a tax break for you.

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The Benefit of Fringe Benefits to Small Businesses: How to Reward Your Employees Without Breaking the Bank

So you’ve started your new company and things are going fairly well. You know you don’t yet have significant cash flow to pay your employees a whole lot more than you already do but you want to show you appreciate their contributions to your success. What if there was a way to provide additional benefits to your employees without increasing compensation, breaking the bank, and potentially receive tax savings? Great news, there is a way and its called a fringe benefit.

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Keeping It in The Family: Using an S-Corp to Run Your Family-Owned Business

Most small businesses don’t understand the various options that may be available to them when choosing a business entity. Almost everyone has heard of a corporation, partnership, or limited liability company but what does that really mean for your company and why should I choose one over the other. In choosing what may be best for your family-owned business, there is another alternative available to small businesses that is a Small Business Corporation (also known as a Subchapter S Corp or S-Corp).

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Saving Now May Save You Later: Retirement Planning for Small Business Owners

Retirement planning is probably the last thing a small business owner is thinking about. With the focus on creating relationships with new customers, developing a great product or service, and managing the day-to-day operations, there isn’t much time to think about retirement. However, there are a number of great benefits in considering developing a retirement planning vehicle for your small business.

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Brokerage Firms and Their Unique Tax Situation: Understanding the Employment Tax Avoidance Opportunity for Brokerage Firms

Ohio real estate brokerage firms have a unique opportunity to save a significant amount of money in employment-related taxes if a few important steps are taken. However, if the rules are not understood or improperly followed it can increase your overhead cost by a significant amount. Take the opportunity to learn more here....

 

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The Mainstream of Airbnb: Key Considerations for New Rental Property Owners

Websites like Airbnb, Zillow, and Craigslist have created an easy way to connect people who need homes with people willing to provide them. However, there are some key considerations that new rental property owners should keep in mind when starting this new adventure.

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