Electing to establish an S corporation could unlock the tax benefits enjoyed by millions of small business owners — as long as financial advisors and clients avoid some pitfalls. Those include the ...

Filing taxes for your LLC as an S Corp allows an owner-operator to designate him- or herself as an employee of the LLC yet to still report the income of the business on their personal tax return. S ...

The sun is setting later, we're frolicking in spring flowers, and we're planning summer vacation. Spring is a wonderful time that gives us all fresh air and a renewed lust for life. But there's a ...

Situation: Your client owns a small business that operates as a subchapter S corporation. She elected S corporation status when the individual tax rates were lower than those for a C corporation. When ...

Many tax filers find tax-preparation software to be very useful, and most tax software is simple to use, cost-efficient (especially when compared to the cost of hiring a certified public accountant, ...

We haven't quite yet broken out the Valentine's Day candy yet, but that means spring is right on our heels. Sure, warmer temps, flowers, and the allure of summer all come with spring, but it also ...