The S Corporation Answer Book

The S Corporation Answer Book PDF Author: Sydney S. Traum
Publisher: Wolters Kluwer
ISBN: 0735581517
Category : Law
Languages : en
Pages : 824

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Book Description
This quick-reference manual lets you help clients take full advantage of their S corporation status and minimize their taxes. it leads you directly to authoritative information on every aspect of the S corporation, enabling you to: Arm the S corporation against the potential tax traps hidden in the Small Business Tax Protection Act. Maximize the tax benefits of S corporation status. Make a qualified Subchapter S Subsidiary (QSub) election. Identify dispositions that will trigger the built-in gains tax. Avoid added tax liability or loss of S corporation status from passive investment income. Capitalize on the permissible differences in stock rights to facilitate estate planning and ownership transfers. Determine allocation of income, losses, and deductions in the termination year of the S corporation . Plus, there are citations To The controlling rules, regulations, and court decisions that will save you hours of research.

The S Corporation Answer Book

The S Corporation Answer Book PDF Author: Sydney S. Traum
Publisher: Wolters Kluwer
ISBN: 0735581517
Category : Law
Languages : en
Pages : 824

Get Book Here

Book Description
This quick-reference manual lets you help clients take full advantage of their S corporation status and minimize their taxes. it leads you directly to authoritative information on every aspect of the S corporation, enabling you to: Arm the S corporation against the potential tax traps hidden in the Small Business Tax Protection Act. Maximize the tax benefits of S corporation status. Make a qualified Subchapter S Subsidiary (QSub) election. Identify dispositions that will trigger the built-in gains tax. Avoid added tax liability or loss of S corporation status from passive investment income. Capitalize on the permissible differences in stock rights to facilitate estate planning and ownership transfers. Determine allocation of income, losses, and deductions in the termination year of the S corporation . Plus, there are citations To The controlling rules, regulations, and court decisions that will save you hours of research.

Practical Guide to S Corporations

Practical Guide to S Corporations PDF Author: Michael Schlesinger
Publisher: CCH
ISBN: 9780808017622
Category : Business & Economics
Languages : en
Pages : 676

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Book Description


Taxpayer's Comprehensive Guide to LLCs and S Corps

Taxpayer's Comprehensive Guide to LLCs and S Corps PDF Author: Jason Watson
Publisher:
ISBN:
Category : One-person corporations
Languages : en
Pages : 0

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Book Description
"This is our ninth edition (2021-2022 Edition). How can I avoid self-employment taxes? This simple question was the inspiration for creating an article describing the benefits of an S Corporation. That original article, which was about four pages long, quickly became a series of knowledge base posts on the WCG website. The articles touched on basic topics such as how to elect S Corp status, shareholder payroll, reasonable salary determination and liability protection. Those broad topics demanded much more information, both horizontally by spanning into more related issues, and vertically by digging deeper into the granular yet riveting levels of the tax code..." --

Practical Guide to S Corporations

Practical Guide to S Corporations PDF Author: Michael Schlesinger
Publisher: CCH Incorporated
ISBN: 9780808013860
Category : Subchapter S corporations
Languages : en
Pages : 567

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Book Description
Rev. ed. of: S corporations: tax practice and analysis / Michael Schlesigner. 2nd ed., 2002.

Angel Investing

Angel Investing PDF Author: Joe Wallin
Publisher: Holloway, Inc.
ISBN: 1952120497
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
Angel Investing: Start to Finish is the most comprehensive practical and legal guide written to help investors and entrepreneurs avoid making expensive mistakes. Angel investing can be fun, financially rewarding, and socially impactful. But it can also be a costly endeavor in terms of money, time, and missed opportunities. Through the successes, failures, and collective experience of the authors you’ll learn how to navigate the angel investment process to maximize your chances of success and manage downside risks as an investor or entrepreneur. You’ll learn how: - Lead investors evaluate deals - Lawyers think through term sheets - To keep perspective through losses and triumphs This book will also be of use to founders raising an angel round, who will be wise to learn how decisions are made on the other side of the table. No matter where you’re starting from, this book will give you the context to become a savvier thinker, a better negotiator, and a positive member of the angel investing and startup communities.

LLC Vs. S-Corp Vs. C-Corp

LLC Vs. S-Corp Vs. C-Corp PDF Author: Mike Piper
Publisher:
ISBN: 9781950967018
Category :
Languages : en
Pages : 120

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Book Description
The "LLC, S-Corp, or C-Corp" question is one of essential importance: Make the right decision, and you'll be paying less tax; you'll know your personal assets are protected from lawsuits against your business; and you might even save yourself some money on accounting and legal fees. Make the wrong decision, and you'll be paying an unnecessary amount of tax; you'll be wasting money on legal bills; and you'll be only a lawsuit away from losing your home and other personal assets. Find the following, explained in plain-English with no legal jargon: The basics of sole proprietorship, partnership, LLC, S-Corp, and C-Corp taxation. How to protect your personal assets from lawsuits against your business. When the protection offered by an LLC will work. (And more importantly, when it will not!) Which business structures could reduce your federal income tax or self-employment tax.

How to Start and Run Your Own Corporation

How to Start and Run Your Own Corporation PDF Author: Peter I. Hupalo
Publisher: HCM Publishing
ISBN: 9780967162447
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
"How To Start And Run Your Own Corporation" begins where many incorporation books leave off. Peter Hupalo, author of "Thinking Like An Entrepreneur," teaches you the basics of corporate business structure. "How To Start And Run Your Own Corporation" will help you understand: * Which Business Structure Might Be Best For You * How To Decide Between An S-Corporation And A LLC * How To Choose Your State Of Incorporation * How To Form Your Own Corporation * S-Corporations * Par Value And No Par Value Stock * Issuing Shares * Stock Basis * Valuing A Small Business Corporation * Financing A Corporation Through Equity And Loans * Attracting Angel Investors For Your Corporation * Shareholder S-Corporation Basis And The AAA * Filling Out The 1120S Corporate Income Tax Return * Special Issues For One-Person Corporations * The Role of Bylaws And Corporate Minutes * The Role of Directors And Officers * Withdrawing Money From Your Corporation * Social Security/Unemployment Insurance On Officer Salaries * Qualified Retirement Plans, SIMPLE-IRA, SEP-IRA * The One-Person 401(k) * Worker's Compensation Exemption For Officers * How To Minimize Your Taxes * How To Prevent Your Corporate Shield From Being Pierced * Tax Saving Strategies For Your Corporation

S CORPORATION the Comprehensive Guide

S CORPORATION the Comprehensive Guide PDF Author: Niwech Harnkham
Publisher:
ISBN: 9781973127789
Category :
Languages : en
Pages : 85

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Book Description
Are you a business owner? Do you pay too much tax as an independent contractor? Do you want to turn your LLC to S Corporation? If you have been paying a lot of Self-Employment tax, S Corporation status will help you to reduce your SE taxes. This book will give you a step-by-step from start your LLC, obtain your EIN, file S Corporation Election, accounting, payroll and tax filing. Why pay more for someone else to do when this book can help you do it by yourself! If you are an independent contractor (1099), this book is for you. This book will help you to reduce your income tax. Moreover, the Tax Cut and Jobs Act 2017 gives 20% deduction from S-Corp's profit. The S-Corp status gives you two incentives, 1st--15.3% of self-employment saving, 2nd--20% deduction of business profit. Why wait! You won't feel regret buying this book. It is your best investment.

The White Coat Investor

The White Coat Investor PDF Author: James M. Dahle
Publisher: White Coat Investor LLC the
ISBN: 9780991433100
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Doctors are highly-educated and extensively trained at making difficult diagnoses and performing life saving procedures. However, they receive little to no training in business, personal finance, investing, insurance, taxes, estate planning, and asset protection. This book fills in the gaps and will teach you to use your high income to escape from your student loans, provide for your family, build wealth, and stop getting ripped off by unscrupulous financial professionals. Straight talk and clear explanations allow the book to be easily digested by a novice to the subject matter yet the book also contains advanced concepts specific to physicians you won't find in other financial books. This book will teach you how to: Graduate from medical school with as little debt as possible Escape from student loans within two to five years of residency graduation Purchase the right types and amounts of insurance Decide when to buy a house and how much to spend on it Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor Avoid investments which are designed to be sold, not bought Select advisors who give great service and advice at a fair price Become a millionaire within five to ten years of residency graduation Use a "Backdoor Roth IRA" and "Stealth IRA" to boost your retirement funds and decrease your taxes Protect your hard-won assets from professional and personal lawsuits Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die Minimize your tax burden, keeping more of your hard-earned money Decide between an employee job and an independent contractor job Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation Take a look at the first pages of the book by clicking on the Look Inside feature Praise For The White Coat Investor "Much of my financial planning practice is helping doctors to correct mistakes that reading this book would have avoided in the first place." - Allan S. Roth, MBA, CPA, CFP(R), Author of How a Second Grader Beats Wall Street "Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research." - William J. Bernstein, MD, Author of The Investor's Manifesto and seven other investing books "This book should be in every career counselor's office and delivered with every medical degree." - Rick Van Ness, Author of Common Sense Investing "The White Coat Investor provides an expert consult for your finances. I now feel confident I can be a millionaire at 40 without feeling like a jerk." - Joe Jones, DO "Jim Dahle has done for physician financial illiteracy what penicillin did for neurosyphilis." - Dennis Bethel, MD "An excellent practical personal finance guide for physicians in training and in practice from a non biased source we can actually trust." - Greg E Wilde, M.D Scroll up, click the buy button, and get started today!

Tax Accounting

Tax Accounting PDF Author: Greg Shields
Publisher:
ISBN: 9781637161289
Category : Business & Economics
Languages : en
Pages : 130

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Book Description
If you're a business owner wanting to learn more about taxes without going through boring textbooks, then keep reading... Benjamin Franklin once said that "in life, only two things are certain: death and taxes." He wasn't exaggerating about the latter. And because you must deal with taxes for as long as you live and earn money, you must get it right every time. Unlike any other infractions or violations, tax-related offenses have major repercussions. At a minimum, you will pay fines and expenses. But if your tax violations are serious, you may end up in jail. Think about this: the infamous mafia gangster boss Al Capone was indicted and sent to prison not because of his violent crimes, but because of tax violations. Hence, you must take your taxes very seriously. So, what does it take to manage your taxes successfully and avoid the massive inconveniences associated with being flagged by the Internal Revenue Service for tax violations? There are so many answers to this question, but they can be summed up in one term: tax accounting. And that is what this book is all about. Written with non-accountant entrepreneurs in mind, this book can help you learn important tax accounting principles for ensuring optimal tax management in your business. These include: What tax accounting is. Important tax accounting guidelines. The difference between accounting and bookkeeping. How to claim tax deductions legally. How to choose the right business entity. How to manage payroll tax. Discover if you need an S corporation or a C corporation. And much, much more! By the time you're finished with this book, you'll be armed with sufficient knowledge to ensure proper management of your businesses' income taxes. And while you can never avoid taxes, what you'll learn here can make you and the IRS the best of friends. So, grab your copy of this book now and start your journey towards optimal tax management for your small business.