PREVIOUS TAX TOPICS
Tax Tips to help plan for your 2015 tax return.
Frequently, this question arises whenever a client is just starting a business, or has been operating as a sole proprietor and may be wondering about the tax advantages of incorporating as an S Corporation. Also, many clients assume it will be too costly or time-consuming to incorporate—but neither is the case. The following is a brief outline of an S Corporation and a comparison of the advantages and disadvantages. However, please feel free to set up a consultation to discuss your specific business opportunity needs and whether or not an S Corporation is right for you.
Mileage rates have changed since 2014