Taxes are “pay as you go” and not “pay at the end of the year”. Here is a super easy read to understanding estimated tax planning for your small business.…
Estimated Tax Planning for S Corporation Owners
S corporation owners have an advantage when it comes to paying estimated taxes. In most cases, shareholder/employees can withhold enough from each paycheck and not have to worry about quarterly …
My tax preparation practice led to independent investment advisor success
I started out as a starving investment advisor. No big deal, right? We all start out like that.
I’m not going to lie.
It sucked.
I would talk to everyone …
Someone Filed a Tax Return With My Social
First of all, don’t panic! Having someone file a tax return with your name and social security number has become more common lately, and the IRS is hip to it.…
Many US Expats WILL See a Benefit with the New Tax Bill
I recently read a popular article on NBC News for which the headline read “American expats are left high and dry by Trump’s tax reform”.
While some of the article …
S corporation – How much payroll is reasonable?
I’m going to keep it extra simple in this post.
The IRS says that s corporation owners providing services for the s corporation are considered employees and must pay themselves …
Should I switch from a C Corporation to an S Corporation under the new tax bill?
Many small s corporation clients have heard about the big breaks awarded to traditional c corporations and are asking if they should revoke their s corporation elections. We still think …
Simple S Corporation Payroll – How Much Does it Cost?
Most s corporation owners have heard that they must run payroll. But what does this really mean and how much does it cost? It’s easy, check it out.
Disclaimer: S …
How can you tell if an IRS letter is fake?
It used to be just calls, now it’s letters. How can you tell if an IRS letter is fake? Let’s take a quick look at how to spot and handle …
