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Filing taxes for your LLC as an S Corp allows an owner-operator to designate him- or herself as an employee of the LLC yet to still report the income of the business on their personal tax return. S ...
Situation: Your client owns a small business that operates as a subchapter S corporation. She elected S corporation status when the individual tax rates were lower than those for a C corporation. When ...
The sun is setting later, we're frolicking in spring flowers, and we're planning summer vacation. Spring is a wonderful time that gives us all fresh air and a renewed lust for life. But there's a ...