What year did you join Scott and Company? I joined Scott and Company in 2016. Where did you go to college? I attended the University of South Carolina. Go Gamecocks!! Why did you choose Scott and Company? I chose to work at Scott and Company because I enjoy the smaller firm atmosphere. Most of the…
Some experts are predicting that the recent tax legislation will create a ton of new business creation and activity—just not the kind that lawmakers originally intended. These people are predicting a surge in efforts for reclassification and the organization of cover companies by employees so they can have their salaries recognized as business income, significantly…
When it comes to selling online, gaining users’ trust is a serious matter for businesses. Based on a July 2015 poll from the U.S. Census Bureau and the National Telecommunications and Information Administration, security and privacy concerns are a big reason consumers are not doing more online. The survey found that 45 percent of respondents…
Cryptocurrency is hot right now. As it emerges as an asset class of its own, many people are still confused about how to treat it for federal income tax purposes. In response, the IRS issued guidance back in 2014 that treats virtual currencies that are convertible to cash as a capital asset—but it’s not as…
With all the variables involved, the new federal tax reform can certainly be confusing. Some sorting out is in order. Understandably, there are lots of questions about how the changes will affect the wallets of individuals and the bottom line of businesses. How will it change and affect income brackets? What deductions are still allowable?…
