Optimal Cost Structure and Effective Scale Economies

How do firms choose their cost structure? What is the nature and function of scales of operation? What are sources of functional and dysfunctional scales of operation? These policy questions relate to the optimal overhead of a business enterprise-the appropriate mix of expenditures that maximizes the return on investment and shareholders’ wealth while minimizing the…

Tax Doesn’t Have to Be Taxing

And did you know the IRS is substantially increasing its audits of small businesses? Or that a welfare benefit plan can make your estate, business succession, or buy-sell plan tax deductible? You can even have a welfare benefit plan in addition to a retirement plan. Not only that, but medical expenses reimbursed to employees are…

IRS to Extend Filing Season

The IRS has announced that it will extend the filing season until Monday, May 17, 2021. This one-month extension is for filing and payment. Thank you in advance for your patience while we work on the federal and state software updates related to this filing deadline change, such as due dates, payment debit dates, and filing instructions.…

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Free Tax Aids at IRS.gov

The Team at Hartman accounting is always scouring the web to find resources for you to use.We encourage our clients to facilitate all the free aids that IRS.govoffers.  https://irs.gov/ You can register to access all of your tax records, downloadtranscripts, see all correspondence sent to you, and transaction historyof payments and refunds.  There’s  accurate information…