Are you a small business owner who wants to sell your firm? Do you operate as a "C" corporation? You definitely want to know how Section 1202 … [Read more...] about Section 1202 Qualified Small Business Stock Exclusion
Incorporation
Subchapter S Election Timing Tips & Tricks
You want to understand how Subchapter S election timing works. Understand the timing, for example, and you avoid common mistakes. Further, understand … [Read more...] about Subchapter S Election Timing Tips & Tricks
Buying a Small Business: Tips and Tactics
I don't want to be negative about you buying a small business. Buying a small business can be a great option. But you need to be careful. Getting … [Read more...] about Buying a Small Business: Tips and Tactics
Small Business Net Investment Income Tax Primer
If you’re an entrepreneur or small business owner, you want to know about how the Obamacare net investment income tax works. Accordingly, in this blog … [Read more...] about Small Business Net Investment Income Tax Primer
Little Known Benefits of an S Corporation
Many small business owners and basically every accountant knows the attraction of an S corporation. In a nutshell, an S corporation allows a … [Read more...] about Little Known Benefits of an S Corporation
Should You Use an S Corporation for a Sideline or Part-time Business?
Pretty regularly, people come to us for help with an S corporation they've already set up. And that’s fine. We love helping small … [Read more...] about Should You Use an S Corporation for a Sideline or Part-time Business?
Are One-person S Corporations Illegal?
A client came into the office the other day and mentioned she had heard one can’t use an S corporation for a one person business or for … [Read more...] about Are One-person S Corporations Illegal?
Download a free incorporation or LLC formation kit
10/6/2014 Editors note: On October 1, we discontinued our free giveaway of do-it-yourself incorporation kits... Sorry. See here if you're curious … [Read more...] about Download a free incorporation or LLC formation kit
Steps for Electing Sub S Status for Washington LLC or Corp
In earlier posts, I've described how to set up your own Washington corporation or limited liability company. And I've talked about the rules for and … [Read more...] about Steps for Electing Sub S Status for Washington LLC or Corp
How to Make S Elections for Washington Businesses
Both Washington state corporations and limited liability companies can elect to use the tax accounting rules described in Subchapter S of the Internal … [Read more...] about How to Make S Elections for Washington Businesses