xendoo
JANUARY 6, 2022
While the salary is subject to self-employment taxes, the distributions are exempt, which allows S-Corps to avoid double taxation. . It is always best to speak to a small business tax accountant. Pay Quarterly Estimated Taxes . They will get to know your business, and determine if S-Corp Election is right for you. .
xendoo
MAY 16, 2023
Most small businesses have a low probability of going through an IRS audit, but it’s possible. What happens if you get audited and don’t have receipts to back your expenses? It’s a common question and concern for many business owners.
xendoo
MAY 16, 2023
Most small businesses have a low probability of going through an IRS audit, but it’s possible. What happens if you get audited and don’t have receipts to back your expenses? It’s a common question and concern for many business owners.
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