Many people are curious about the differences between LLCs and corporations. This short article describes 10 basic attributes of LLC. You probably know of several businesses whose formal names end with the acronym LLC. And you probably also know that LLC stands for limited liability company. Here are 10 things you may not know. An LLC generally […]
Archives for February 2020
Individual Tax Deductions–A Look at What Has Changed
A lot of clients still ask about what has changed with tax deductions for individuals. This short article might help. The recently enacted tax reform law made some significant changes to the system of income tax deductions used by consumers. Here are highlights of the changes. The standard deduction is increased. The standard deduction […]
Welcome to Woodford Financial!
After over twenty-five years of managing financial and operational affairs for private businesses, J. Todd Renner decided to capitalize on his small and medium-sized entity (SME) and non-profit expertise and launched Woodford Financial. The Company provides accounting, tax, and financial management services to SME’s and non-profits to further develop their businesses and take them to […]