S-Corp vs. LLC
Stop creating LLC’s!!!!! Recently, I’ve encountered A LOT of business owners who have – WRONGLY – opted to create an LLC instead of an S-Corp.
September 24, 2024
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Stop creating LLC’s!!!!! Recently, I’ve encountered A LOT of business owners who have – WRONGLY – opted to create an LLC instead of an S-Corp.
We just found another tax return error to the tune of about $16,000! Since we uncovered $26,000 worth of tax return errors (in our Member’s
Whether you’re installing solar, buying an EV or insulating your windows there’s a possibility Uncle Sam will pay YOU to go green. The magic of
Tax refunds suck. Sorry, not sorry. You’ve heard it before – getting a refund indicates that you gave Uncle Sam an interest-free loan. When you
Imagine missing out on a $6,000 tax refund! (Or worse, having to pay an extra $10,000 that you didn’t know about.) These are real-life anecdotes
ER visit + emergency surgery + 2 night hospital stay = $$$$$$$ I eat my own cooking. So when I recommend signing up for a
Yes, you heard that right. It’s possible to save TOO much in your 401k. To be clear, that only becomes a concern after many, many
If you work for a start up, it’s likely part of your compensation is incentive stock options (ISO’s). And if you have unexercised ISO’s the
The IRS announced yesterday that they will no longer conduct in-person, unannounced visits. With that announcement, the ONLY way the IRS will EVER contact you
Your parents had the best intentions. Unfortunately, Uncle Sam could care less what they INTENDED. A common financial mistake is gifting investments (including rental property)
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