by Joan Buchman Miller | Dec 20, 2021 | 1099"s, Accounting, deadlines, employees, S Corporation, tax planning, W-2's
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2022. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all... 
by Joan Buchman Miller | Nov 17, 2021 | Accounting, C Corporation, employees, LLC, S Corporation, tax planning
With Thanksgiving just around the corner, the holiday season will soon be here. At this time of year, your business may want to show its gratitude to employees and customers by giving them gifts or hosting holiday parties again after a year of forgoing them due to the... 
by Joan Buchman Miller | Nov 8, 2021 | Accounting, C Corporation, LLC, S Corporation
Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work best for you — a C corporation or a pass-through entity such as a sole-proprietorship, partnership, limited liability company... 
by Joan Buchman Miller | Jul 17, 2021 | income tax, LLC, S Corporation, tax planning
Are you eligible to take the deduction for qualified business income (QBI)? It’s available to owners of sole proprietorships, single member limited liability companies (LLCs), partnerships and S corporations. It may also be claimed by trusts and estates. The deduction... 
by Joan Buchman Miller | Nov 26, 2018 | income tax, LLC, S Corporation, tax planning
Business tax planning is the TCJA environment is very important. The Tax Cuts and Jobs Act (TCJA) enacted in December 2017 made many changes to business and individual taxes. This week we are discussing some to the major changes to business taxes. Next week we will... 
by Joan Buchman Miller | Nov 5, 2018 | income tax, LLC, S Corporation
IRS explains 20% deduction for qualified business income. The IRS has issued regulations on the new 20% deduction for qualified business income (QBI) created by the TCJA, also known as the pass-through deduction. Here’s a summary of the basic rules: For tax...