tax
What is reasonable compensation?
Understand how to determine reasonable compensation for S Corp owners. Avoid IRS penalties by setting the right salary.
Finance & Tax Blog for Entrepreneurs
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S-Corp
How to set up an S Corp
Learn how to set up an S Corp step by step—from registration to IRS filing. Maximize tax benefits and protect your business.
Igor Tutelman, CPA
Aug 24, 2024
C-Corp
How to set up a C Corp
Learn how to establish a C Corporation—from state registration to federal compliance. Protect your assets and attract investors with expert guidance.
Igor Tutelman, CPA
Aug 24, 2024
tax
What is an Accountable Plan?
Learn how an IRS-compliant accountable plan can provide tax-free reimbursements and reduce payroll taxes. Discover setup steps and key compliance...
Igor Tutelman, CPA
Aug 24, 2024
tax
The Tax Advantages of Starting a Business
Explore how starting a business can unlock tax benefits like deductions, retirement savings, and healthcare write-offs. Learn how to maximize your...
Igor Tutelman, CPA
Aug 24, 2024
tax
What is the difference between a hobby and a business?
Learn how the IRS distinguishes hobbies from businesses and what it means for your taxes. Discover key factors and tips to stay compliant.
Igor Tutelman, CPA
Aug 24, 2024
tax
How is an LLC taxed?
Understand how LLCs are taxed—whether as sole proprietorships, partnerships, or corporations. Learn how to choose the best tax strategy for your...
Igor Tutelman, CPA
Aug 24, 2024
education
Use a 529 Plan to help your kids save for school, retirement & their first home
How to use a 529 Plan to help your kids save for school, retirement, and their first home purchase
Igor Tutelman, CPA
Aug 24, 2024
tax
Common Questions About Medical Expenses: Nutrition, Wellness & Health
Common Questions About Medical Expenses: Nutrition, Wellness, and General Health
Igor Tutelman, CPA
Aug 24, 2024
tax
What Should I Do if I Receive Form 1099-K?
Received a Form 1099-K? Learn how to verify its accuracy, report income correctly, and handle errors to stay compliant with IRS guidelines.
Igor Tutelman, CPA
Aug 24, 2024
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