Valuing LLC profits interest awards

Profits interest awards can be an effective way for LLCs to attract and retain skilled workers, especially if cash is tight. But these awards present valuation challenges that most companies can’t handle in-house.

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Federal Tax News for Individuals

1. Receiving Money from "Crowdfunding" May Come with a Tax Bill 2. Court Upholds the IRS Rejection of an Offer in Compromise 3. Beware of Various Tax-Related Scams 4. How the IRS Whistleblower Program Works 5. Is Your Hobby Actually a Business?

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401(k) Loans: Yay or Nay?

When times are tough, a loan from your employee retirement account can provide much-needed relief. But it's important to understand how these loans work — including the potential pros and cons — before you borrow from your retirement nest egg. 401(k) loans can have short- and long-term adverse financial consequences, especially if you're unable to repay them on time.

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