by Joan Buchman Miller | May 4, 2026 | Accounting, C Corporation, depreciaion, income tax, LLC, S Corporation, tax planning
Businesses that own commercial real property may be sitting on an overlooked treasure chest of tax savings — and a cost segregation study can be the key to unlocking it. This is a strategic tool that combines accounting and engineering techniques to identify building...
by Joan Buchman Miller | Oct 28, 2025 | Accounting, C Corporation, income tax, LLC, S Corporation, tax planning
Now is a good time to review your business’s expenses for deductibility. Accelerating deductible expenses into this year generally will reduce 2025 taxes and might even provide permanent tax savings. Also consider the impact of the One Big Beautiful Bill Act (OBBBA)....
by Joan Buchman Miller | Aug 11, 2025 | Accounting, C Corporation, income tax, LLC, S Corporation, tax planning
One of the most critical decisions entrepreneurs make when starting or restructuring a business is choosing the right entity type. This choice directly impacts how the business is taxed, the level of administrative complexity and regulatory compliance obligations....
by Joan Buchman Miller | May 5, 2025 | C Corporation, S Corporation
Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s compensation is unreasonably high or low, it may disallow certain deductions or reclassify payments, potentially leading to...
by Joan Buchman Miller | Dec 26, 2024 | Accounting, C Corporation, tax planning
When deciding on the best structure for your business, one option to consider is a C corporation. This entity offers several advantages and disadvantages that may significantly affect your business operations and financial health. Here’s a detailed look at the pros...
by Joan Buchman Miller | May 14, 2024 | Accounting, C Corporation, tax planning
Let’s say you plan to use a C corporation to operate a newly acquired business or you have an existing C corporation that needs more capital. You should know that the federal tax code treats corporate debt more favorably than corporate equity. So for shareholders of...
