Steps to Secure Your Employee Retention Credit Today Time is running out for eligible businesses to claim the valuable Employee Retention Credit (ERC) for 2021. If your business hasn’t taken advantage of this substantial tax credit, there’s still a window of...
The Importance of Understanding Required Minimum Distributions When planning for retirement, it’s essential to understand the various rules and regulations that govern how you can access and manage your retirement savings. One of the most important concepts to...
The Importance of Reasonable Compensation for S Corp Owners One of the most common questions we receive from S corporation owners is: “What happens if I can’t afford to pay myself reasonable compensation?” The answer is both simple and complex. While...
What if you die and your S Corp owns rental property? Owning rental property through an S Corporation (S Corp) can offer various tax advantages and liability protection during your lifetime. However, the situation becomes more complicated when the owner of an S Corp...
Mastering EIN Numbers for Business Success Success with Business Formation & EIN Filing: When starting a business, one of the first steps is obtaining an Employer Identification Number (EIN). This unique identifier is essential for activities like opening a bank...
Maximizing Your Tax Meeting Experience We meet with a lot of clients and complete a lot of tax returns during tax season, so time is very precious! We want to make the most of each minute we spend with you, so we have compiled a list of a few items you can review to...