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Developing a Business Plan
The term "business plan" often creates a mental picture of a voluminous formal report designed for a multi-billion-dollar conglomerate - i.e., something only a really large company needs. However, that notion is far from the truth.
 
LLC Members and the SE Tax
There's a controversy between the IRS and Congress involving LLCs that has left LLC members essentially stuck in the middle. The issue is whether (or more correctly, to what extent) earnings from an LLC are subject to self-employment (SE) tax.
 
Making Sense Out of Qualified Tuition Program
Qualified tuition programs (sometimes called Section 529 plans) have received a lot of attention recently because the 2001 Tax Act generally makes distributions from such plans tax free starting in 2002.