What Is Reasonable Compensation For An S Corp?
Thinking of switching your entity to be taxed as an S Corp to reduce your FICA, Self-Employment, Social Security, and Medicare taxes...
Decide How Much In Taxes You Want To Pay With This Tool!
Many business owners don’t realize that they hold the KEY to deciding how much they want to or they need to pay taxes.
The Difference Between 1099 NEC vs 1099 MISC
The IRS this year released a tentative draft of a new form tied to 1099 filing: 1099-NEC. Now there are two 1099 forms, 1099-MISC and...
Year-End Checklist For 2020 and Beyond!
So the year is almost over, but before it is over now is the perfect opportunity to plan for the next year for your business. Although 2020
Top 8 Most Common Tax Errors You Need to Avoid!!!
With the upcoming tax deadline due by Oct 15, some late filers may still be rushing to submit their taxes on time. The problem with rushing