Tax Savings Tips: Understanding Reasonable Compensation
Understanding reasonable compensation is vital for S and C corporation shareholders to avoid IRS scrutiny, optimize taxes, and ensure compliance.
March 12, 2025
Tax Planning
Reasonable Compensation for C Corporations: What You Need to Know
C corporation owners must ensure reasonable compensation aligns with services rendered, avoiding IRS scrutiny, dividend reclassification, and tax penalties.
March 10, 2025
March 2025 Business Due Dates: Key Tax Deadlines for Farmers, Businesses & More
Stay compliant with key March 2025 tax deadlines for businesses, farmers, and S-corporations to avoid penalties and ensure smooth filing.
March 10, 2025
Important Tax Deadlines: March 10 & March 17 – What Employers and Employees Need to Know
Stay ahead this tax season! Learn key deadlines for tip reporting (March 10) and tax preparation (March 17) to avoid penalties.
March 7, 2025
C Corporations vs. Pass-Through Entities: Weighing the Pros and Cons
Choosing between a C corp and pass-through entity impacts taxation, profits, and operations. This guide simplifies the decision with key insights.
March 6, 2025
Downsizing Your Home? Here’s How to Avoid Costly Tax Mistakes
Downsizing your home? Avoid costly tax mistakes with smart strategies to maximize profits, minimize capital gains, and secure your financial future.
March 3, 2025
Tax Strategies for Small Businesses in the Growth Stage
Business owners in the growth stage must make smart financial decisions. From salaries to tax-friendly distributions, working with experts helps maximize profits.
February 26, 2025
Choosing the Right Tax Filing Status: A Complete Guide
Choosing the right tax filing status impacts your liability and refunds. Learn key options, special cases, and IRS rules in this guide.
February 26, 2025
There’s Still Time to Fund an IRA for 2024
The tax filing deadline is near—fund your 2024 IRA by April 15, 2025. Max contributions: $7,000 ($8,000 if 50+).
February 25, 2025
Your Guide for Round Two of Section 48C Tax Credit Applications
The Section 48C Tax Credit offers $6 billion for clean energy projects. Competitive applications must emphasize impact, viability, and sustainability benefits.
February 21, 2025
