by Brian Hare, CPA, CGMA | Feb 19, 2020 | Business, Tax
Wondering how you can reduce tax? Do you conduct your business as a sole proprietorship or as a wholly owned limited liability company (LLC)? If so, you’re subject to both income tax and self-employment tax. There may be a way to cut your tax bill by using an S...
by Brian Hare, CPA, CGMA | Sep 25, 2018 | Business, Tax
The S corporation business structure offers many advantages, including limited liability for owners and no double taxation (at least at the federal level). But not all businesses are eligible – and, with the new 21% flat income tax rate that now applies to C...
