If you run your business as an S corporation, you’re probably both a shareholder and an employee. Therefore, the company should pay you a salary for the work you do for the business, which is subject to payroll taxes as…
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Do you pay to put your child or children in daycare or some other form of child care so you can work and earn a living for your family? If so, then you might be entitled to a tax credit…
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If you’re like most self-employed individuals you want tax relief. A simple tax planning idea for a sole proprietorship is to employ your children in the business. (more…)
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