Close

Tax News

Putting Your Kids on the Payroll

March 23, 2019

Putting Your Kids on the Payroll Should you paying your child(ren) to assist you in your business? Perhaps! Putting kids to work in the business is a good option to both teach them work ethics and potentially provide a handsome tax benefit to the owner(s). Note: Kiddy tax does not apply to earned income. So Here is How...

Read More

Employee Vs. Independent Contractor

September 29, 2018

Employee Vs. Independent Contractor Whether you hire someone as independent contractors or as employees will impact the amount as well as the types of taxes you will pay. Furthermore, it will affect how much additional cost your business must bear, what documents and information must be provided to you, and what tax documents...

Read More

Reasonable Compensation

September 29, 2018

Reasonable Compensation The two primary ways of taking money out of a C Corporation is as compensation for work or as a dividend; each has different tax consequences. Salaries and bonuses are deductible by the corporation and taxable to the recipient employee, whereas dividends are not tax-deductible by the C Corporation...

Read More
 
 

Track Your Refund

 
Track Federal Refund Check Federal Amended Return Refund

Check your State Refund

Client Login

 

Refer a Friend

.