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Interested in passive business ownership & the tax benefits? This article explains the IRS requirements for qualifying & the advantages of passive income. Learn how to achieve passive ownership & navigate the IRS rules.
Interested in passive business ownership & the tax benefits? This article explains the IRS requirements for qualifying & the advantages of passive income. Learn how to achieve passive ownership & navigate the IRS rules.
Confused about LLC vs S Corp? This guide explains the differences in taxes, formation, and helps you choose the best structure for your business. Learn how to avoid double taxation and potentially save money!
Learn about stock certificate requirements for S-Corporations, including electronic record-keeping practices and guidelines for maintaining IRS compliance.
Ensure your S-Corporation meets legal standards with our free bylaw and meeting minute templates. Learn about board and shareholder meeting requirements.
Learn how pass-through taxation can benefit your business, including the impact on your tax obligations and the advantages over traditional corporate taxes.
Understand the Pass-Through Entity Tax (PTET), its implications for businesses, and how it affects state tax liabilities for pass-through entities.
Avoid penalties with Form 1125-E by understanding the requirements for reporting compensation of officers and ensuring compliance with tax regulations.
Understanding CP261 notice for S-Corporation acceptance, its implications for your tax status, and next steps for newly elected S-corps.
Understanding S-Corporation basis: Key concepts for shareholders to manage their investments and tax implications effectively.
Demystifying the QBI deduction formula: Strategies for maximizing your Qualified Business Income deduction as an S-Corporation.