Whether you’re in the process of making a retirement or estate plan or you intend to donate property to charity, you’ll need to know the value of your assets. For many hard-to-value items, such as closely held business interests, real estate, art and collectibles, an appraisal may be necessary. Retirement and Estate Planning To enjoy … Read More

If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your assets. Or maybe you’re launching a new business and want to know the options for setting it up. Here are the basics of operating as an LLC and why it might … Read More

If eligible, you can elect to use Section 179 expensing or bonus depreciation to deduct a large portion of the cost (and in some cases the full cost) of eligible property in the year it’s placed in service. Alternatively, you may follow regular depreciation rules and spread deductions over several years or decades, depending on … Read More

Reliable Nonprofit Tax Preparation Services Whether you’re a foundation or association stakeholder, tax season can prove especially challenging for nonprofits. If you’re looking for a tax partner to help you take advantage of tax season while reducing costly mistakes, you can rely on Peters Bandura, LLC. Our firm is privileged to offer efficient Birmingham nonprofit … Read More