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Professionals on the Move – Sept. 2024

CPA Practice

He succeeds Vic Alexander, who will transition to an of-counsel role beginning November 1, 2025, after 43 years with the firm, including 31 years as chief manager. He also worked as an audit manager for a national accounting firm, managing public and private company audits. She works remotely.

Kansas 104
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Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

The term refers to when the IRS taxes the same income twice—once at the corporation level and again on an individual shareholder’s personal income tax. The IRS taxes corporations as separate legal entities, which opens them up to double taxation. The IRS then taxes them at the corporate income tax rate.