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17
MAY
2021
Business owners that operate as an S corporation are subject to income tax, but not self-employment tax, on their share of the entity’s income. Here’s how the rules work.

An S corporation could cut your self-employment tax

Business owners that operate as an S corporation are subject to income tax, but not self-employment tax, on their share of the entity’s income. Here’s how the rules work.
19
APR
2021
To keep executive compensation deductible, C corporation owners want to ensure it’s reasonable. Otherwise, it could be deemed a dividend. Here’s why it matters.

Know the ins and outs of “reasonable compensation” for a corporate business owner

To keep executive compensation deductible, C corporation owners want to ensure it’s reasonable. Otherwise, it could be deemed a dividend. Here’s why it matters.
22
MAR
2021
What is the best choice of entity for a new business venture? It might be an S corporation. Here’s why.

Is an S corporation the best choice of entity for your business?

What is the best choice of entity for a new business venture? It might be an S corporation. Here’s why.
16
FEB
2021
Buying or selling a business may be the largest transaction you’ll ever make. Pay attention to taxes. After a deal is done, it may be too late to get the best tax results.

What are the tax implications of buying or selling a business?

Buying or selling a business may be the largest transaction you’ll ever make. Pay attention to taxes. After a deal is done, it may be too late to get the best tax results.
28
DEC
2020
Are you reconsidering the choice of entity for your business? These are several factors to consider when converting from a C corporation to an S corporation. Here are four of them.

The right entity choice: Should you convert from a C to an S corporation?

Are you reconsidering the choice of entity for your business? These are several factors to consider when converting from a C corporation to an S corporation. Here are four of them.
09
MAR
2020
SMALL BUSINESS TAX BRIEF FOR MARCH 9

Determine a reasonable salary for a corporate business owner

When it comes to executive compensation, C corporation owners need to keep it “reasonable.” Here’s why.
18
FEB
2020
SMALL BUSINESS TAX BRIEF FOR FEBRUARY 18

How business owners may be able to reduce tax by using an S corporation

If you conduct your business as an S corporation, you’ll be subject to income tax, but not self-employment tax, on your share of the S corporation’s income. Could this be the entity for you?
28
OCT
2019
C Corporation to S Corporation

Thinking about converting from a C corporation to an S corporation?

These are several factors to consider when a business converts from C corporation to S corporation status. Here is what you should understand.