Unincorporated Businesses are Audited More Frequently by IRS

CPA Joe Kristan tells us, one more time, why you should never use the sole proprietor form of business: A scary headline:  “Freelance? An IRS audit may be in your future.” A Tax Court case…

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S Corporations: Compensation and Distribution Planning

A majority of American small businesses use the S corporation form of doing business. This article discusses one of the main tax planning techniques an S corporation can use to save taxes. The S Corporation…

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