Sep 19, 2022 | Business Entities, Business Taxes, C Corporations, Corporations, Internal Revenue Service (IRS), Partnerships & LLC’s, Payroll, S Corporations, Small Businesses, Tax Consulting, Tax Laws
The Employee Retention Tax Credit is a refundable tax credit for small businesses financially impacted by the COVID-19 pandemic. It was designed to encourage businesses to keep their employees on payroll through the government shutdowns and other difficulties that...
Sep 16, 2022 | Business Entities, Business Startup, Business Taxes, C Corporations, Corporations, Partnerships & LLC’s, S Corporations, Small Businesses, Sole Proprietorships, Tax Code, Tax Consulting, Tax Laws, Tax Planning
So you’ve started your business and set up your LLC. Great! But are you actually doing the proper maintenance to ensure that your LLC is actually going to protect you? The entire purpose of setting up an LLC or corporation is to keep all your personal income,...
Sep 14, 2022 | Business Entities, Business Taxes, C Corporations, Corporations, S Corporations, Small Businesses, Sole Proprietorships, Tax & Accounting Services, Tax Code, Tax Consulting, Tax Laws, Tax Planning
We often get asked what our favorite tax planning strategies are. Right up near the top of the list is employing your kids in your business. The IRS has a carve out for parents to put their kids to work in their business to the tune of $12,950 per child, tax free!...
Sep 12, 2022 | Bookkeeping, Business Entities, Business Startup, Business Taxes, C Corporations, Corporations, Partnerships & LLC’s, S Corporations, Small Businesses, Sole Proprietorships, Tax & Accounting Services, Tax Code, Tax Consulting, Tax Laws, Tax Planning
Every small business owner has different goals, and we’d like to help you reach them. What are your business goals? Expand and grow to the moon? Take your company public someday? Pass it down to your children? No matter how big or how small, there are solutions...
Sep 6, 2022 | Bookkeeping, Business Entities, Business Taxes, Corporations, Internal Revenue Service (IRS), Partnerships & LLC’s, Payroll, S Corporations, Small Businesses, Sole Proprietorships, Tax Code, Tax Consulting, Tax Laws
The Employee Retention Tax Credit is a refundable tax credit for small businesses financially impacted by the COVID-19 pandemic. It was designed to encourage businesses to keep their employees on payroll through the government shutdowns and other difficulties that...
Sep 1, 2022 | Business Entities, Business Startup, Business Taxes, Corporations, Filing Taxes, Partnerships & LLC’s, S Corporations, Small Businesses, Sole Proprietorships, Tax Code, Tax Consulting, Tax Laws, Tax Planning, Tax Returns
The deadline for S Corporations to file (if you filed a six month extension back in March) is September 15th, 2022. But don’t worry, that is plenty of time to get your S Corporation tax return done! Electing to have your small business file as an S Corp is one...
