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.Beyond general S Corp benefits, our 2021-2022 edition of this book will show you-1. Entity Structures, Custom Multi-Entity Arrangements, Tax Efficiency2. Deal Structures, Operating Agreements3. The Fallacy of Nevada Corps4. State Taxes, Nexus, FBA Problems, and Liability5. S Corp Benefits, Tax Savings6. Avoiding Self-Employment Taxes7. The 185 Reasons an S Corp or LLC Might Stink8. Forming and Operating an S Corp9. Late S Corp Election10. Determining Reasonable S Corp Shareholder Salary11. Section 199A Business Tax Deduction12. Tax Deductions, Fringe Benefits, Kids on Payroll and Cars13. Properly Paying for Health Insurance14. Small Business Retirement Planning with Your Small BusinessEach week we receive several phone calls and emails from small business owners and other CPAs across the country who have read our Taxpayer’s Comprehensive Guide to LLCs and S Corps and praised the wealth of information. Regardless of your current situation, whether you are considering starting your own business or entertaining a contracting gig, or you are an experienced business owner, the contents of this book are for you.This book is written with the general taxpayer in mind. Too many resources simply regurgitate complex tax code without explanation. While in some cases tax code and court opinions are duplicated verbatim because of precision of the words, this book strives to explain many technical concepts in layperson terms with some added humor and opinions.We believe you will find this book educational as well as amusing.
✔ Author(s): Jason Watson CPA
✔ Title: Taxpayer's Comprehensive Guide to LLCs and S Corps: 2021-2022 Edition
✔ Rating : 4.5 out of 5 base on (32 reviews)
✔ ISBN-10: B09JJ5LLS4
✔ Language: English
✔ Format ebook: PDF, EPUB, Kindle, Audio, HTML and MOBI
✔ Device compatibles: Android, iOS, PC and Amazon Kindle
Readers' opinions about Taxpayer's Comprehensive Guide to LLCs and S Corps by Jason Watson CPA
Aleena Tran
Explore the complexities of human relationships in this beautifully crafted novel. The author's nuanced writing and rich character development make for an engaging read. Each storyline intertwines seamlessly, creating a tapestry of interconnected lives. The emotional depth and realistic portrayal of life's challenges resonate deeply. It's a book that stays with you long after you've finished reading. Perfect for fans of literary fiction.
Rayleen Kirby
Immerse yourself in a richly detailed fantasy world where heroes and villains clash in epic battles. The author's intricate plotting and dynamic characters create a compelling narrative. Each twist and turn in the story keeps you hooked from start to finish. The vivid descriptions and imaginative world-building transport you to another realm. It's a thrilling adventure that captures the essence of epic fantasy. Perfect for fans of high-stakes adventures.
Lola Frye
Experience the profound impact of art and creativity in this beautifully written novel. The author's evocative writing and compelling characters bring the story to life. Each chapter explores the transformative power of art with sensitivity and depth. The plot is both thought-provoking and emotionally resonant. It's a narrative that celebrates the beauty of human expression. Ideal for readers who appreciate stories about art and inspiration.
