An S corporation is a pass-through entity and does not pay federal income tax . The net earnings of the S corporation are passed through to the shareholders of the company and reported on their individual income tax returns .
Posts from ‘December, 2011’
Employee v. Independent Contractor (by John M Miller, CPA)
Many clients who own businesses ask me if they should make their worker an employee or an independent contractor. This video goes over the rules for each kind of worker. For more information, please visit me at www.IncomeTaxPreparation.com or http or www.Atlanta-Taxes.com or http You can follow me on Twitter at www.Twitter.com Visit our blog at www.AmericanAccountingServices.com
5 Income Tax Preparation Tips | TaxDebtHelp.5ver.net
Instead of looking for tax loopholes and grey area deductions, at J.M. Trippon & Company CPA's we specialize on tax planning to not only save you money on this year's taxes , but also focus on the years ahead to reduce tax liability for the future. Here are five basic tips that we have used to save our clients millions of dollars over the last 25 years in processing over 10000 income tax returns .
Top Nine Tax Tips for 2012 (part 2) | IRS Tax Problem Solver Blog …
In my previous article I shared 5 tax tips for 2012 that could save you money in this year's and next year's taxes . They are; 1.