Should you elect S-Corp status? A 7-point decision tree.
At what revenue does the S-Corp election actually save money? We walk through the break-even math, reasonable compensation, and payroll costs.
Tax Planning
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Plain-language articles from our CPA team on tax planning, bookkeeping, IRS notices, and small-business finance — with zero jargon and zero fluff.
Section 199A can reduce your taxable business income by up to 20% — but the phase-outs, specified service rules, and W-2 wage tests trip up the majority of pass-through owners. Here's a clear breakdown of who qualifies, how the math actually works, and three planning moves to preserve the deduction at higher income levels.
Read the guideAt what revenue does the S-Corp election actually save money? We walk through the break-even math, reasonable compensation, and payroll costs.
CP2000 notices look scary but they're negotiable. A step-by-step response template that's worked for hundreds of our clients.
How our team closes a month's books in under 90 minutes — the exact checklist, reconciliation shortcuts, and accruals we use.
Entity selection isn't just about taxes. We compare liability, flexibility, fundraising, and exit implications for each structure.
With bonus depreciation now at 40%, the calculus changed. Here's when to use §179, when to use bonus, and when to do both.
REPS is the key that unlocks unlimited loss deductions — and the single most audited tax position. How to qualify and document it correctly.
The IRS waives more penalties than most taxpayers realize — if you ask correctly. Scripts and criteria for both paths.
Most COAs are built for one audience — the bookkeeper. Here's how to structure yours so the tax return writes itself.
Per diem, depreciation on the truck, IFTA, fuel tax credits — the deductions most owner-operators miss or under-claim every year.
Pay yourself too little and you're a target for audit. Too much and you overpay SE tax. Here's how to document the middle.
FEIE, FTC, FBAR, FATCA — the alphabet soup of U.S. expat taxation, explained with real numbers and real deadlines.
After Wayfair, every state has economic nexus rules — and every FBA seller has inventory in a dozen states. How to stop sleepwalking into penalties.
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