Electing S corporation status continues to be a popular entity choice, combining the liability protection of a corporation with many of the tax benefits of a partnership.
The Tax Benefits of S Corporation Status
Month: November 2020
Benefits of a Health Savings Account for Your Small Business
Due to the rising cost of healthcare, your business may be interested in providing some of the benefits of a health savings account to their employees.
Gig Workers: Know your Tax Responsibilities
For taxpayers who’ve turned to gig work this year it’s critical to understand the income tax responsibilities for gig workers.
How to Withdraw Cash from your Corporation
Owners of closely held companies are often interested in how you can easily withdraw cash from your corporation at the lowest possible tax cost.
Eligibility for Small Business Tax Benefits Expanded
The new threshold established by the TCJA expands eligibility for small business tax benefits to a greater number of companies.
Closing a Business? Don’t Forget to do These Things
If you are closing a business, we’re here to assist you in any way we can, including taking care of the various tax obligations that must be met.