July 30th, 2024
Why should a Real Estate Agent consider S-Corporation as their business entity?
Self-employed real estate agents have a certain amount of freedom and tax breaks, such as deducting your expenses.An S-Corp has [...]
July 30th, 2024
Tax Savings in S-Corporations
The most important part of leveraging tax savings in an S-Corp is payroll, but one more component can maximize your [...]
July 30th, 2024
How To Protect Yourself From an Audit
Preparing for an audit doesn’t have to be daunting. Here's how to get ready: Audit Possibility The IRS is getting [...]
July 30th, 2024
FAQ-What Are Business Expenses
The perennial question: Can I deduct this expense? Navigating deductions is intricate, particularly with the ever-evolving US tax code. Yet, [...]
July 30th, 2024
5 Things Every Self-Employed Professional Should Do
No doubt about it—being self-employed doesn’t come with a manual. Navigating income, expenses, taxes, and deadlines while keeping your business [...]
February 1st, 2024
5 Reasons you should consider converting your business to an S-Corp
Maximizing Tax Benefits Transitioning from a sole proprietorship or LLC to an S-Corp transforms the taxation method applied to your [...]
January 31st, 2024
FinCEN BOI: A New Reporting Requirement
The government entity known as FinCEN (Financial Crimes Enforcement Network) has imposed a new filing requirement on businesses that file [...]
January 31st, 2024
Reasonable Compensation-S-Corporations
S-Corporations are pass through entities, meaning their income and losses are passed to their owners through a K-1. This income [...]
January 31st, 2024
Small Business Credits to Claim
Contact our office for more information on any of these credits, or if you believe you might be eligible for [...]
January 31st, 2024
Tax Requirements for Tennessee Businesses
Some businesses will have state tax requirements in addition to federal requirements. Business Tax All businesses that sell goods or [...]