Given all the changes and fluidity with the WA Healthplanfinder Business website and program, we thought it’d be a pretty good idea to review the … [Read more...] about WA Healthplanfinder Business Update for 2017
business taxes
Safe Harbor S Corporation Salaries
One of the challenges of setting a reasonable compensation amount for shareholder-employees of an S corporation is that no official “safe harbor” … [Read more...] about Safe Harbor S Corporation Salaries
Paying Zero S Corporation Shareholder-Employee Wages
I stumbled onto an online forum discussion recently where participants were berating some new S corporation owner about paying zero S corporation … [Read more...] about Paying Zero S Corporation Shareholder-Employee Wages
How Taxes Kill Successful Businesses
A handful of times this summer, I’ve helped successful business owners with a surprisingly common problem: That problem being a tax burden that seems … [Read more...] about How Taxes Kill Successful Businesses
Reporting a Foreign Business Investment
The first thing we need to say is that if you’re an entrepreneur or business owner operating internationally, you need to be really careful about … [Read more...] about Reporting a Foreign Business Investment
Excluding Foreign Income from U.S. Taxes
We get a lot of questions from people who earn money outside the United States and wonder how, and if, U.S. income taxes can be avoided. For this … [Read more...] about Excluding Foreign Income from U.S. Taxes
How to Record Sales Tax in QuickBooks
If you’re running a small business that sells items subject to sales tax, you want to do good accounting for sales tax. You need to show the right … [Read more...] about How to Record Sales Tax in QuickBooks
Your CPA versus TurboTax
Because we’re CPAs, we get people asking us a lot about when someone can and can’t use TurboTax or a similar product to self-prepare a tax … [Read more...] about Your CPA versus TurboTax
Lessons from Liberty Tax Service, Part 2
Last week I posted a pretty glowing review of Liberty Tax Service’s franchise model. In short, I basically fawned over the stuff Liberty does really … [Read more...] about Lessons from Liberty Tax Service, Part 2
Lessons from Liberty Tax Service, Part 1
A few weeks back, I attended a presentation for people interested in becoming Liberty Tax franchisees. A friend was thinking about the franchise, … [Read more...] about Lessons from Liberty Tax Service, Part 1