Dec 27, 2022 | Private Equity-SBICs and Venture Capital, Tax News
S corporations are entities that can pass corporate income, losses, deductions and credits through to shareholders for federal tax purposes. Shareholders report the flow-through of income and losses on their personal tax returns and are assessed a tax at their...
Jun 2, 2022 | Business Planning, Closely Held Business, Private Equity-SBICs and Venture Capital, Tax News
The IRS says, “All taxpayers should review their federal withholding each year to make sure they’re not having too little or too much tax withheld.” However, employees may not be aware of the IRS’ suggestion, which is why employers should tell...
Dec 30, 2021 | Private Equity-SBICs and Venture Capital
According to consulting firm McKinsey & Company’s annual survey of private markets, businesses raised $7.3 trillion from private markets in 2020, and 61% of those funds came from private equity. The availability of private equity investors can be good news...
Sep 27, 2021 | MCB Happenings, Private Equity-SBICs and Venture Capital
MCB is a proud sponsor of SBIA’s 2021 National Summit for Middle Market Funds. The National Summit offers the lower middle market a unique environment to connect with fund managers, limited partners, investment bankers and select service providers. The National...
Aug 31, 2021 | Business Planning, Closely Held Business, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Hospitality, Medical Practices, Not-for-Profit, Personal Financial Planning, Private Equity-SBICs and Venture Capital, Real Estate, Tax News
In COVID Tax Tip 2021-123, the IRS clarifies some of the confusion surrounding the powerful but complex Employee Retention Credit. The IRS is addressing changes made by the American Rescue Plan Act of 2021 that apply to the third and fourth quarters of 2021. ...
Jul 20, 2021 | Coronavirus Updates, Coronavirus Updates, Private Equity-SBICs and Venture Capital
Attaining S corporation status has certain tax advantages. S corporations are treated as pass-through entities for tax purposes and the protection of shareholder assets. However, the relief acts passed in response to the COVID-19 pandemic revealed some potential...
