Insights · Page 8
Practical perspectives on tax, finance, and business — written by the people who work in it every day. 88 articles in the archive.
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Entity Structuring Oct 17, 2023Top 8 Tax Benefits of an LLC in Florida
If you’re considering forming an LLC (limited liability company) in Florida, it can be helpful to know that there are several tax benefits associated with this business structure.
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Entity Structuring Oct 11, 2023S Corp vs C Corp Tax Advantages Overview
When establishing a business, choosing between two prominent corporate structures—S corporation (S corp) and C corporation (C corp)—is a pivotal decision.
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Real Estate Accounting & Taxes Oct 5, 2023Short-Term Rental Tax Loophole Explained by Expert CPAs
The short-term rental tax loophole is an often misunderstood and complex issue in the world of real estate investments. As a property owner, understanding the ins and outs of this tax regulation can make a significant difference in your financial bottom line.
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Entity Structuring Feb 23, 2022Is an S-Corporation right for you?
Self-employment tax for tax year 2021 is 15.3% and is comprised of two components, social security (12.4%) and Medicare (2.9%). In short, the IRC (Internal Revenue Code) essentially deems all payments made to shareholders of an S corporation as wages that are subject to…
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