Do You Need an S-Corp?

If you operate your business as a sole proprietor or in a group as an LLC, the S-Corp election might be just want you need! Now, if your profit is less than 50,000 a year then the extra complexity is not worth the small amount of tax savings. But, if you gross over 50,000 it is worth running the numbers to see how much you could save and what other tax/ business/ and retirement advantages you could set up.

Business Tips From The Greatest Showman

  If you want to learn how to grow your business, learning from one of the greatest showmen in history is certainly a good place to start. P.T. Barnum is still a household name, even though his famous circuses are … Read More

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Cities Trying To Grow

Some tech workers are ditching San Francisco and other areas with high costs of living and relocating to more affordable areas instead.  As a result, many cities are rolling out the red carpet, aiming to attract highly skilled workers, along … Read More

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Fighting these HIGHER Rates

As much as I hate to admit it, I understand why the Fed keeps pushing interest rates up … but that doesn’t mean I like it.  When it comes to “regular” folks – those who earn a living with a … Read More

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October’s Real Estate Corner

 Mortgage rates have been up and down following the rate increases by the Federal Reserve, beginning with the one in March this year.  Those rate increases are aimed at controlling inflation, and while they have affected mortgage rates, the Fed … Read More

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Where Are Those 87,000 IRS Agents?

Within days of the passing of the Inflation Reduction Act in August, the IRS, having received an estimated $80 billion windfall, put out the call for new agents.  You might have seen the posts on social media – memes and … Read More

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October’s Amusing Tax Convictions

Over the years, this column has seen loads of tax evasion from nearly every industry and walk of life, but one of the few career paths that has only rarely shown up is medical doctors.  Well, today, that ends.  Krishnaswami … Read More

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Not Feeling Your 9-5?  Reconsider Small Business

No matter what changes occur in the workplace, there will always be some level of employees that aren’t happy.  Sure, for some, complaining is simply “part of the job,” but for others, workplace challenges and issues that aren’t addressed can … Read More

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Are You Financially Ready For 2023?

Look, let’s be honest – 2022 is over now.  Inflation, higher taxes, higher interest rates? …And the fourth quarter is only at its beginning.  The big companies have already stamped “paid” to this year – even some of the larger … Read More

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The Rundown on the Higher Taxes You’re Going To Pay

There’s a lot of potential “good” stuff in the Inflation Reduction Act, but to put it simply, if you make less than $200,000 annually, Congress has raised your taxes.  The estimated $16.7 billion in the United States’ new law is … Read More

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Are New Taxes Coming?

To put it simply, if you make less than $200,000 annually, Congress has raised your taxes.  The estimated $16.7 Billion in the United States’ new Inflation Reduction Act is coming out of the middle and lower classes’ pockets, and an … Read More

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