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s-corp

4 Great Reasons to Take Payroll as an S-Corp Owner

As you probably know, October is tax planning month for us at Team Holly. We’ve already posted some blogs about what kinds of financial decisions might warrant a call to your CPA (so you can assess the tax impacts of your choices), and some investment tax planning strategies. So what do S-Corp payroll and tax […]

10 Down & Dirty S-Corp Tax Tips

Do you own an S-Corp, or are you thinking about starting one? According the IRS, about 70% of all corporations filing tax returns are S-corporations (including regular corporations and LLCs electing the S-corp status). S-corporations tax returns also get more scrutiny from the IRS. Here are ten down and dirty things to know: S-corporations pass […]