Insights
Practical reading for
owner decisions
Tax, accounting, and transition guidance written for owner-led companies in Idaho and Utah.
How Does Utah Tax an S Corporation? A Guide for Utah County Owners
Utah does not tax an S corporation’s income at the business level. Utah follows your federal S election automatically, so there is no separate state election to file;…
View DetailsHow to Calculate a Real Estate Distribution Waterfall, Step by Step
A real estate distribution waterfall is the order in which a fund or syndication pays out cash: investors first get their capital back, then a preferred return, then…
View DetailsReady to Hire? Make Sure Your Monthly Numbers Can Answer These Questions
A healthy profit does not answer every hiring question. Connect the current books, cash calendar, and assumptions behind the new role before making an offer.
View DetailsUtah Pass-Through Entity Tax Election: Who Should Opt In and Who Should Not
Utah’s pass-through entity tax lets S corporations and partnerships deduct state income tax as a business expense on the federal return. Here is who benefits from the election,…
View DetailsHow Quarterly Estimated Tax Payments Work for Idaho Self-Employed Owners
Quarterly estimated tax payments are prepayments of federal income tax and self-employment tax that the IRS requires from anyone who expects to owe at least $1,000 for the…
View DetailsReal Estate Fund Accounting: A Utah Investor’s Guide
Real estate investment funds pool capital from multiple investors to acquire and manage portfolios of properties. Managing those funds requires meticulous accounting that goes far beyond standard bookkeeping.…
View DetailsBusiness Valuation in Utah Divorce Settlements: A Guide for Business Owners
Divorce is difficult enough without the added stress of dividing a business. In Utah, a company owned by one spouse is usually considered a marital asset and is…
View DetailsTax Advice for Selling a Business
Selling a Business After years, or perhaps even decades of work, you’re getting ready to sell your business. Most people zero in on the final sale price and…
View DetailsHow to Value a Family Business
Valuing a Family Business Valuing a family business can be one of the most important financial steps an owner will ever take. No matter whether you are planning…
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