How Will Recent Tax Law Changes Affect Your 2018 Return?
Good News for S-Corps
Tax reform gives you a new 20% Section 199A deduction on pass-through income. But be aware the IRS requires that you pay yourself “reasonable compensation.” If you don’t, you can torpedo your deductions and be forced to pay extra taxes and penalties. Here are 3 tips: Reasonable Compensation. Paying yourself “reasonable compensation” is so important. […]
3 Reasons Your Business Needs a Strong Financial Partner
Whether you are a new business start-up or a business with years of history, the most important aspect of your business is the financials. Many business owners burn out because they try to wear too many hats or just don’t have the time or expertise to properly manage their finances. In this article, we’ll discuss […]