Are you looking for a tax-smart way to get money out of your business? Stock redemptions convert corporate ownership interests into cash. Shareholders in closely held corporations may want to consider redeeming their shares sooner rather than later to take advantage of today’s historically low tax rates — while they last. This article explains how this strategy works.

Since the Health Information Technology for Economic and Clinical Health Act (HITECH) was passed, the Department of Health and Human Services has been supplied with a range of tools to support enforcement. This article explains the three types of breaches that may result in a HIPAA audit as well as the questions likely to be asked by an auditor.

Business owners, you might assume that calling in a public relations (PR) firm automatically means that something has gone horribly awry. And you’re not completely wrong — engaging a PR firm can be highly advisable when a company is involved in a lawsuit or public controversy. But a carefully chosen PR provider can also help you with marketing, employee relations and community relations. This article goes into further details about the potential benefits. A sidebar addresses whether a business should create an internal PR position.

The qualified business income (QBI) deduction was a centerpiece of the Tax Cuts and Jobs Act, which went into effect in 2018. Through 2025, the write-off is available to eligible individuals. Pass-through businesses report federal income tax items to their owners, who then take them into account on their personal returns. Here’s are the basics of this potential tax-saver.