by OSLAAgency | Jul 10, 2024 | Accounting, Business Taxes, Taxes
If you’re selling property used in your trade or business, you should understand the tax implications. There are many complex rules that can potentially apply. To simplify this discussion, let’s assume that the property you want to sell is land or depreciable property...
by OSLAAgency | Jun 17, 2024 | Accounting, Business Taxes
Choosing the right business entity has many implications, including the amount of your tax bill. The most common business structures are sole proprietorships, partnerships, limited liability companies, C corporations and S corporations. In some cases, a business may...
by OSLAAgency | Apr 16, 2024 | Accounting, Forensic Accounting
If your company suffers significant losses due to a fraud incident, you may decide to pursue the perpetrator in court, possibly to obtain compensatory damages. Assuming you win your case, you should know that estimating fraud damages is challenging. It generally...
by OSLAAgency | Apr 16, 2024 | Accounting, Taxes
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting...
by OSLAAgency | Sep 19, 2023 | Accounting
When preparing a business valuation, quantitative data — from tax returns, financial statements, contracts and other sources — is important. But there’s more to a company than numbers. Qualitative factors also contribute to a company’s overall value. It isn’t always...
by OSLAAgency | Sep 11, 2023 | Accounting
There’s a fundamental understanding—or maybe a misunderstanding—of the role of a financial expert in litigation. Sometimes, an attorney or, more likely, a client will not realize that the role of a financial expert is not the same as that of a lawyer. We are there to...