Navigating real person verification with the California Franchise Tax Board: What it means and how to comply for individuals and businesses.
Small Business Tips
Understanding S-Corporation basis: Key concepts for shareholders to manage their investments and tax implications effectively.
Explore common reasons why small businesses may be audited by the IRS and how to reduce the risk.
Demystifying the QBI deduction formula: Strategies for maximizing your Qualified Business Income deduction as an S-Corporation.
Determining a reasonable salary for S-Corp shareholders: Compliance, tax benefits, and IRS guidelines.
How S-Corporation dividends work, tax implications, and strategic considerations for shareholders.
What Is a Reasonable Cause of Late S-Corp Filing? Our full proof example has never been rejected by the IRS.
Retirement plan options for S-Corporation owners: Maximizing tax benefits and planning for the future.
Clarification on whether S-Corps receive 1099 forms: Understanding the rules and exceptions.
Effective tax strategies for S-Corporations: Planning tips to minimize taxes and optimize financial health.