New Hampshire, small business accounting and tax return

Tax Benefits of S-Corporation: How Does a S-Corp Save Taxes?

LyfeAccounting

FEBRUARY 9, 2021

Speaking of losses, if your S-Corp loses money, those losses are then deductible on your personal income returns. As an example, if you are the sole owner of an S-Corp, and the business suffered a loss of $10,000, you would be able to take a $10,000 deduction on your tax return , meaning the loss can offset any other income that you received.

Tax

Tax audit New Hampshire income tax

Understanding Bookkeeping for Landscaping Business

Steve Feinberg

OCTOBER 31, 2022

Many business owners make the mistake of considering bookkeeping only when taxes are due, but saving all of your important financial work for a single time during the year can lead to costly mistakes, incorrect tax returns and refunds, and missed opportunities for savings and effective budgeting throughout the year.

bookkeeping

bookkeeping Construction New Hampshire tax return

Accountant Advocate

Tax Benefits of S-Corporation: How Does a S-Corp Save Taxes?

Understanding Bookkeeping for Landscaping Business

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