Tena Chase | May 31, 2009
Did you know professional services corporations are federally taxed at a flat rate equivalent to corporations netting ten million dollars? (see http://www.smbiz.com/sbrl001.html#ci) An S Corporation is taxed at the individual shareholders regular tax rates. Annually S corporations file an informational return (form 1120S) with K1s distributing the income and expense to the individual shareholders. After the corporate tax return [...]
Tena Chase | May 2, 2009
Did you intend for your corporation to be an “S” corporation? If you did, have you filed form 2553 Election by a Small Business Corporation? For information about “S” corporations, including form 2553, see S Corporations
Tena Chase | May 1, 2009
You may be thinking, ‘I don’t understand what people are talking about . . . why do I need to worry about double taxation with a corporation?’ What is generally referred to as double taxation in a corporation is how the profits from a corporation are taxed. With a C corporation, the corporation is charged [...]
Tena Chase | May 1, 2009
TLC Business Solutions, a division of Innovative Strategic Business Solutions, Inc., is a Certified Public Bookkeeping firm providing QuickBooks consulting, bookkeeping, payroll and financial management services to small to medium size businesses. TLC Business Solutions’ CEO, T.L. Chase, has worked in the field of accounting and management for over twenty years. Ms. Chase has a [...]
Ray Galan | May 1, 2009
Intro:Your social networks are linked to an audience that is open to hearing your message. Your social accounts belong to groups, forums, and message boards that are ready and able to send your message instantly to all recipients, anytime.Viral Marketi…
Ray Galan | May 1, 2009
Intro:Your social networks are linked to an audience that is open to hearing your message. Your social accounts belong to groups, forums, and message boards that are ready and able to send your message instantly to all recipients, anytime.Viral Marketi…
