Mid-year tax planning helps minimize taxes for S corps
Reasonable Compensation – The owners of an active business operating as a S Corporation enjoy a distinct tax advantage over other types of tax entities. Earnings that are not withdrawn as W-2...
View ArticleNew businesses should consider the advantages of forming an S Corporation
For most new businesses and business owners, keeping it simple is key. After all, launching a new business requires attention to detail and doing many things right. For that reason, most new businesses...
View ArticlePreparing for the Section 179 hangover
For the past several years, many capital-intensive businesses have enjoyed the accelerated tax deductions provided by Section 179 of the Internal Revenue Code. This tool has been an extremely effective...
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