by Pedro Gonzalez, CPA | Aug 1, 2021 | Tax Planning & Preparation, Uncategorized
Corporations, limited liability companies, and certain other business entities can make an election with the Internal Revenue Service to be taxed under Subchapter S of the Internal Revenue Code. If such an election is made, the business entity becomes an “S...
by Pedro Gonzalez, CPA | Jan 25, 2018 | Tax Advantages, Tax Planning & Preparation
You may be thinking when you see the 21 percent tax rate for the C corporation, this is the best choice of entity for your business operation. In addition, when you find yourself in the out-of-favor group for the 20 percent deduction for S Corporations, you naturally...
