Does Your Home-based Business Qualify for the Home Office Deduction?
According to the Small Business Administration, about 50% of all businesses are home-based. If you are one of the many owners of a home-based small business, consider whether your home office meets the IRS requirements for the home office deduction, which is a sometimes overlooked way to reduce taxes. How Do I Qualify for the […]
Can A Limited Liability Company (LLC) be Taxed as An S-Corp?
In this video, we explore the intriguing question of whether a Limited Liability Company (LLC) can be taxed as an S-Corporation, unraveling the possibilities and implications of this tax classification option. Join us as we navigate the world of tax classification for LLCs and delve into the nuances of an S-Corporation tax status. Discover the […]
How to Form an S-Corp in California?
In this video, we provide a step-by-step guide on how to form an S-Corporation in California, equipping you with the knowledge and tools to navigate the process successfully. Join us as we break down the key steps in forming an S-Corporation, from initial planning to completing the legal requirements specific to California. Our expert host […]
Record Keeping for Your Business: What’s Required?
Whether you are just starting up a new company or have a business operating for a while, good record-keeping is essential to running your business. You are responsible for establishing an effective system to store and maintain your business records, whether your small business is a sole proprietorship, partnership, LLC, or corporation. Some forms will […]
