Yes… it’s time to start thinking about taxes again. Here are some things to think about: Filing Deadlines Tax Checklist Here is a link to my website, for a fairly comprehensive checklist of documents you may find helpful to complete your tax return: Notable documents you may need to provide include: Extensions Some people can’t …
Tag Archives: S Corporation
Tax Payments For S Corp Owners
We are expected to pay taxes at the time we earn income, so we need to make tax payments during the year. This avoids penalties for underpayment of estimated taxes, and reduces the chance of being slammed with a huge bill at tax time. To avoid a penalty, you need to pay either 100% of …
Another Look at S Corps
An S Corporation can be a beneficial business entity. But not always. Many accountants advise their small business clients to form S Corps, but there are a lot of variables to take into consideration. I have discussed S Corps previously in this blog. This time I want to emphasize who does and doesn’t benefit from …