ConnollySteeleNov 26, 20202 minThe importance of S corporation basis and distribution electionsS corporations can provide tax advantages over C corporations in the right circumstances. This is true if you expect that the business...
ConnollySteeleNov 26, 20202 minHealth Savings Accounts for your small businessSmall business owners are well aware of the increasing cost of employee health care benefits. As a result, your business may be...
ConnollySteeleNov 26, 20203 minDo you want to withdraw cash from your closely held corporation at a low tax cost?Are you the owner of a closely held corporation and want to take cash out? For tax purposes, you probably want to avoid a dividend...
ConnollySteeleNov 26, 20202 minTax responsibilities if your business is closing amid the pandemicUnfortunately, the COVID-19 pandemic has forced many businesses to shut down. If this is your situation, we’re here to assist you in any...