Delivering Clarity and Bottom Line Savings
The decision to start a new business is an exciting one, but as every experienced business owner knows, there’s more to it than developing a product and hoping it sells.
On average, small business owners spend eight hours per month on payroll-related tasks. While it may not seem like a lot of time, it does add up–and it takes time away
There are many different income or revenue streams that flow to the Form 1040. I will list just a few here, so you can get an idea: wages from employment, interest paid by
The best solution is often the S-corporation business structure that will eliminate the self-employment tax. Then the Qualified Business Income Deduction (QBI) will be used to eliminate up to 20% of your profits tax free.
Even with revenue as little as $45,000–$50,000 per year can benefit from a professional plan and streamlined services.