Electing to be taxed as an S-Corporation instead of an LLC or sole proprietorship can have significant tax benefits. S-corporations are pass-through entities, meaning that you do not pay any federal taxes on the company level; instead, you pay taxes on the profit from...
As a business owner, you’ve probably been told countless times that you need a bookkeeper. And that’s true, you will definitely benefit from hiring one. But why? What does a bookkeeper actually do that is so beneficial for business owners? When you learn about these...
“Identity Theft is not a joke, Jim!” Dwight Schrute from The Office certainly had the right idea. Far from being a joke, identity theft is on the minds of many individuals this time of year. Tax-related identity theft is one of the most common forms of identity theft....
There’s no denying it – tax time is stressful. If you’ve never used our firm to prepare your tax return before or haven’t sent in your 2021 tax information yet, your mind may be flooded with questions: When is my tax information due to your office? What...
Are you newly married? Or maybe you’ve been married for a few years, but you noticed that your taxes have been sky high? Then it may be time to change your tax filing status. Married Filing Jointly (MFJ) This filing status means you and your spouse file one return...
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