EBIT is an acronym for Earnings Before Interest and Taxes.

This is a term Bankers often use as a measure of a business’s earnings from operations. The EBIT reveals operating profitability without non-recurring or unusual income or expenses.

To calculate EBIT, start with the Net Operating Inc Read More
Any legally married couple, no matter the policy in the couple’s state of residence, will be considered married for tax filing purposes. Just because same-sex couples can now file jointly, does it mean they should? Read More
Get compensated to move from a potential employer has its tax caveats. Understand the different ways relocation benefits are provided and how each results in different tax consequences. Read More
Are you really benefiting from the mortgage tax deduction? And is it really something that has a big impact on your finances? As with most matters of personal finance, the answer depends on your own personal situation. Read More
One of the things businesses fear when they claim tax deductions and other benefits is that the IRS will come in and audit them. Here is what to avoid. Read More
Tax preparation company Jackson Hewitt has provided some helpful tips for those interested in making sure that their tax documents are ready for the possibilities associated with a natural disaster. Read More
IRS Code Section 409A and its Impact on Stock Options

Gone are the days when companies could choose the exercise price and option terms for stock options without thinking about IRS Code Section 409A consequences. Employees and executives, as well as independent contractors and advisors, could f Read More
The numbers of Americans renouncing their Citizenship has hit an all time high and many of the reasons why point to regulations and taxes. Read More
Starting a new business can be overwhelming! These seven small business tax tips will help you minimize your tax burden and maximize profits. Read More
Before you get too excited about claiming yourself as an exemption, though, you need to make sure you are truly eligible to do so.
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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!