This week the Internal Revenue Service announced the adoption of a “Taxpayer Bill of Rights” that will become the primary document to provide U.S. taxpayers with a better understanding of their rights. The Taxpayer Bill of Rights takes the multiple existing rights embedded in the tax code
Read more →As an Entrepreneur one of our primary concerns is to keep costs down and increase revenue. But to increase revenue does NOT mean we have to put all of our money into marketing our firm and hiring the best PR firm out there. Mark Cuban sums it
Read more →Taxable income as calculated on the U.S. Federal Return for an S corporation flows through to its shareholders and is taxed at the individual level, not subject to self-employment tax. Because the income from the S Corporation is taxed when it is reported on the federal tax return
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