Henry & Peters

9 Tax considerations if you’re starting a business as a sole proprietor

When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need to understand the tax issues involved. Here are nine considerations: 1. You may qualify for the pass-through deduction. To the extent your business generates qualified business income, you’re currently eligible to claim the …

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Auditing concepts: Close-up on materiality

As audit season begins for calendar-year entities, it’s important to review issues that may arise during fieldwork. One common issue is materiality. This concept is used to determine what’s important enough to be included in — and what can be omitted from — a financial statement. Here’s how materiality is determined and used during an …

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Henry & Peters Announces Affiliate Partnership with FC Dallas Major League Soccer Club in Frisco, TX

https://henrypeters.com/wp-content/uploads/2023/01/FCDallas_PartnerAnnouncement_HenryPeters.mp4 Henry & Peters’ ongoing goal is to be the top of the league in accounting, tax, audit, and consulting services, and now the firm is excited to add to the roster that we are now an Affiliate Partner of FC Dallas, a professional Major League Soccer club. FC Dallas’ home field at Toyota Stadium …

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