How are S corps taxed? S corps don’t pay corporate income taxes, so there is not really an “S corp tax rate.” Instead, the company’s individual shareholde...

S Corps are not required to get a form 1099-MISC or 1099-NEC from their clients. Similarly, businesses that contract with S Corps do not need to issue the...

The federal government and all but a few state governments will immediately have their hands out for a bit of your prize. The top federal tax rate is 37% ...

The Self-Employment Income Support Scheme Grant Extension provides critical support to the self-employed in the form of two grants, each available for thr...

HOAs generally have non-profit status by default. As a general rule, HOAs are not tax exempt. For federal tax purposes, homeowners’ associations are consi...

By default, LLCs themselves do not pay federal income taxes, only their members do. Texas, however, imposes a state franchise tax on most LLCs. The tax is...

How to Attract and Retain the Best Independent Contractors Establish an Efficient On-boarding Process. Create a Positive Work Environment. Embrace Technol...

You have four basic options to pay your overseas employees: Pay the employee on your home country payroll. Ask a local partner or third party company to p...

The great publicity which often surrounds Inheritance Tax is, however, surprising when you consider that only 4% of estates of people who die are subject ...

To find out who owns the majority shares of a public company’s stock, use the EDGAR database at SEC.gov (there is a link to it on the SEC’s home page) and...