“Avoid the Hidden Dangers of theAccumulated Earnings Penalty Tax” To get my complete articlewith all the details… Remember how the movie Jaws starts? A young girl is swimming in the open water when a giant shark comes up out of the depths and attacks her. Shocking! Okay, it’s a bit of a reach, but the same plot is at work when it comes to the Accumulated … [Read more...]
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Convert C to S Corp: Save Thousands and Avoid BIG Tax Problem
"Convert C to S Corp: Save Thousandsand Avoid BIG Tax Problem" To get my complete articlewith all the details… Did you know that you can save a whole lot of money by learning how to avoid the evil built-in gains tax; The tax that often applies when you convert your C corporation into an S corporation. Supposed you’ve decided the S corporationis your preferred … [Read more...]
Discover the Best Entity for Your Business: Use This Chart
“Which business entityis right for you? Get your free chartTo help you decide” To get my complete articlewith all the details… Are you a business owner or entrepreneur? Then you need to decide which form of business works best for you. Navigating the complex landscape of business entities can be challenging. Luckily, my detailed Entity Comparison Chart … [Read more...]
How To Shut Down Your S Corporation
“How To Shut DownYour S Corporation” To get my complete articlewith all the details… “Parting is such sweet sorrow” said Juliet to Romeo. Well, shutting down your S corporation can also be sweet or sorrow. It all depends on how you face federal income-tax issues for both the corporation and its shareholders. There are basically two ways you can go (and I am … [Read more...]
Discover When Limited Partners Must Pay Self-Employment Taxes
"Discover When Limited PartnersMust Pay Self-Employment Taxes" To get my complete articlewith all the details… Are you aware of the latest developments regarding self-employment taxes for active limited partners? Our recent article, Self-Employment Taxes for Active Limited Partners, dives deep into this crucial topic and offers valuable insights that every limited … [Read more...]