Understanding S Corp Retained Earnings
Understanding S Corp Retained Earnings Retained earnings is a key financial concept for any business, including S corporations (S corps). […]
Basics
Basics
What is an S Corp Balance Sheet and When is it Required?
What is an S Corp Balance Sheet and When is it Required? An S corporation (S corp) offers many benefits,
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S Corp Bookkeeping Requires More Work Than an LLC
S Corp Bookkeeping Requires More Work Than an LLC When it comes to choosing a business structure, many entrepreneurs gravitate
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Avoid Passive Income! S Corp Passive Income Rules
Avoid Passive Income! The S Corp Passive Income Rules S corporations (S corps) are a popular choice for many small
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When You DO and DO NOT Want an S Corporation for Real Estate
When You DO and DO NOT Want an S Corporation for Real Estate Choosing the right business structure for your
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Can an S Corp Have Profits Interest?
Can an S Corp Have Profits Interest? Introduction Profits interest is a form of equity compensation commonly used in partnerships
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What is a Qualified Subchapter S Subsidiary? The QSub Basics​
What is a Qualified Subchapter S Subsidiary? The QSub Basics In the realm of S corporations (S corps), there exists
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Challenging Accountants Fees for an S Corp: How to Do it
Challenging Accountants Fees for an S Corp: How to Do it As an S corporation owner, it’s vital to manage
Tax Strategy
The 3 Best Retirement Plan Options for S Corp Businesses
The 3 Best Retirement Plan Options for S Corp Businesses As an owner of an S corporation, choosing the right
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What You Need to Know About Filing Taxes as an S Corp
What You Need to Know About Filing Taxes as an S Corp Filing taxes as an S corporation (S corp)
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The Benefits of a C to S Corporation Conversion and How to Do It
The Benefits of a C to S Corporation Conversion and How to Do It Converting from a C corporation (C
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The #1 Tax Benefit of S Corp Businesses
The #1 Tax Benefit of S Corp Businesses When it comes to structuring your business, the choice of entity can
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The Steep Late Filing Penalty for S Corporation Taxes
The Steep Late Filing Penalty for S Corporation Taxes Running an S corporation comes with a variety of responsibilities, one
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What is a CP261 Notice and What Do I Need to Do With It?
What is a CP261 Notice and What Do I Need to Do With It? Receiving a CP261 notice from the
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S Corp vs Sole Proprietor: What’s the Difference?
S Corp vs Sole Proprietor: What’s the Difference? Selecting the appropriate business structure is a critical decision that can impact
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Can a Partnership Own an S Corp? Exploring Ownership Rules
Can a Partnership Own an S Corp? Exploring Ownership Rules When considering the structure and ownership of a business, understanding
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The Myth of the S Corp Salary 60/40 Rule: What You Need to Know
The Myth of the S Corp Salary 60/40 Rule: What You Need to Know When it comes to S corporations,
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Get Your Operating Agreement S Corporation Template Today
Get Your Operating Agreement S Corporation Template Today An operating agreement is a foundational document that outlines the management structure,
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The Tax Impact of S Corp Distributions in Excess of Basis
The Tax Impact of S Corp Distributions in Excess of Basis S corporations (S corps) offer many advantages, particularly in
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Understanding the 2025 Tax Deadline for S Corp Businesses
Understanding the 2025 Tax Deadline for S Corp Businesses As an S corp business owner, staying on top of tax
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The Difference Between an S Corporation and 1099 Freelancer
The Difference Between an S Corporation and 1099 Freelancer When navigating the complex world of business structures and tax implications,
Tax Strategy
Get Your S Corp Accountable Plan Template Today!
Get Your S Corp Accountable Plan Template Today! An accountable plan is an essential tool for S corporations looking to
Tax Strategy
Unlocking the Benefits of the R&D Tax Credit for S Corporations
Unlocking the Benefits of the R&D Tax Credit for S Corporations As an S corporation owner, you’re always looking for
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How to Avoid an S Corp Audit: 17 S Corp Audit Triggers
How to Avoid an S Corp Audit: 17 S Corp Audit Triggers For many small and medium-sized businesses, operating as
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Will I Be Audited? The S Corp Audit Rate Explained
Will I Be Audited? The S Corp Audit Rate Explained For business owners, the prospect of an IRS audit can
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Step-by-Step Guide to Deducting S Corp Owner Health Insurance
Step-by-Step Guide to Deducting S Corp Owner Health Insurance Running an S corporation comes with numerous tax advantages, one of
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How to Determine Your S Corporation Reasonable Salary
How to Determine Your S Corporation Reasonable Salary When running an S corporation (S corp), one critical issue that often
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The 5 Best S Corp CPA Firms in America Right Now
The 5 Best S Corp CPA Firms in America Right Now It’s our mission to be the best S corp
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LLC versus S Corp: Which Business Structure is Right for You?
LLC versus S Corp: Which Business Structure is Right for You? Choosing the right business structure is a crucial decision
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Nonprofit S Corporation Ownership: Benefits, Risks, & Compliance
Nonprofit S Corporation Ownership: Benefits, Risks, and Compliance Tips Navigating the complex world of business structures and tax regulations can
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Does an S Corp Receive a 1099? What You Need to Know
Does an S Corp Receive a 1099? What You Need to Know When it comes to tax season, understanding the
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83b Election for S Corps
83b Election for S Corps An 83(b) election is a provision of the Internal Revenue Code that allows the recipient
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S Corp for Dummies
S Corp For Dummies There is a ton of information on S corporations (S corps) online and social media about
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Can S Corp Stock Have Different Voting Rights?
Can S Corp Stock Have Different Voting Rights? One criteria of S corps is they can only issue one class
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How the Illinois Paid Leave for All Workers Act Impacts S Corps
How the Illinois Paid Leave for All Workers Act Impacts S Corps The Illinois Paid Leave for All Workers Act
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How to Dissolve an S Corp For a Single Owner
How to Dissolve an S Corp For a Single Owner For a single-owner S corp, revoking an S corp election
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Businesses that Should be an S Corp
Businesses that Should be an S Corp S corps can be advantageous for various types of businesses due to their
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BOI Reporting for S Corps
BOI Reporting for S Corps As of recent developments in U.S. regulations, S corps, along with other business entities, are
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What You Need to Know About an S Corp Solo 401k
What You Need to Know About an S Corp Solo 401k A Solo 401(k) is a retirement savings plan designed
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Can an S Corp Donate to Charity?
Can an S Corp Donate to Charity? If you own an S corp, you may be wondering, “is it more
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How to Start an S Corp
How to Start an S Corp An S corp is a great entity option for many small and medium-sized businesses.
Tax Strategy
How the Augusta Rule Helps S Corps Save on Taxes
How the Augusta Rule Helps S Corps Save on Taxes The Augusta Rule, also known as Section 280A of the
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Tax Impact of Adding a Shareholder in an S Corp
Tax Impact of Adding a Shareholder in an S Corp Your business has been operating as a single-owner S corp
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3 Benefits of an S Corp Accountable Plan
3 Benefits of an S Corp Accountable Plan An S corp accountable plan is a formal document that allows an
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Can S Corps Issue Convertible Notes?
Can S Corps Issue Convertible Notes? One disadvantage of S corps is they only have the ability to issue one
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Can S Corps Issue SAFE Notes?
Can S Corps Issue SAFE Notes? SAFE notes (Simple Agreement for Future Equity) were started by Y Combinator in 2013
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8 Unique S Corp Advantages
8 Unique S Corp Advantages For small and medium-sized businesses there are a handful of common entity structures. The business
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How to File an S Corp Late Election
How to File an S Corp Late Election To file an S corp late election, you need to follow specific
Tax Strategy
Backdate S Corp Election to Save on Taxes
Backdate an S Corp Election to Save on Taxes When starting a new business, we never recommend doing an S
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How Much Does an S Corp Tax Return Cost?
How Much Does an S Corp Tax Return Cost? Filing taxes is a crucial aspect of running any business. What
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Complete an S Corp Election in 90 Seconds
Complete an S Corp Election in 90 Seconds Filing an S corp election may sound daunting, but if you follow
Tax Strategy
The S Corp QSBS Tax Strategy. The Best of Both Worlds.
The S Corp QSBS Tax Strategy. The Best of Both Worlds. Before you initially balk at the post title, the
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How Much Does an S Corp Cost?
How Much Does an S Corp Cost? We have seen so many business owners complete an S corp election before
Tax Strategy
How to Deduct a Home Office for an S Corp
How to Deduct a Home Office for an S Corp Most business owners are familiar with the home office deduction. This
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When is the S Corp Deadline?
When is the S Corp Deadline? Now that you are set on making an S corp election, you may be
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When are S Corp Taxes Due?
When are S Corp Taxes Due? One key difference between a single member LLC and an S corporation is that S corporations
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Who Can Be an S Corp?
Who Can Be an S Corp? An S corporation election sounds enticing for your business. However, you may find yourself
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What Does the S in S Corporation Stand For?
What Does the S in S Corporation Stand For? Now that we know what an S corporation is, this leads
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What is an S Corporation?
What is an S Corporation? In the realm of business structures and tax elections, the S corporation stands out as