As a Business Owner, How Do I Pay Myself?
The method by which you get money out of your business depends on the type of entity you are registered as with the IRS. Here, …
7 Tax Strategies Blueprint
When we review a tax return, several factors can be considered to consider potential tax strategies you may be able to utilize and possible strategies …
Cultivating an Audit Trail for Business Deductions
When tracking deductions for operating a vehicle while on the job, it’s either counted by mileage rate or expenses. Below, we discuss how to record …
Do I Need to Make Quarterly Estimated Tax Payments?
This question often arises for new business owners who either know their business is going to be more profitable this year than last or will …
Key steps for monitoring your personal credit reports
With our world being more inter-connected with technology and identify theft becoming more prevalent, monitoring your personal information for potential fraud is vital. Below are …
Recommended Reading for Business Owners & Leaders
Business Crash Course: Top 12 – 1 a month for a year Also relisted below by topic  The E-Myth Revisited: Why Most Small Businesses …
Tax Credits: Employee Retention & Work Opportunity: Wisconsin Restaurant Association Webinar
Topic: Tax Credits: Employee Retention & Work Opportunity Presented by: Andy Johns, CPA at EWH Small Business Accounting & Randy Brinkmann, CPA, Partner at EWH …
The Value of Being an S Corporation
The benefit of being an S Corporation is it reduces your Self Employment Tax. The Self Employment Tax is the 15.3% that you as a business owner payoff the profits of your business.
What is a Pass-Through Entity?
A Pass-through Entity such as a Sole Proprietor, Partnership LLC, or S Corporation, file an informational-only return with the Government, and the business itself does not pass taxes. the income flows through to the owner’s personal income tax return and pays tax on it personally.
Tax Strategies for Tax Efficiency, Reducing Your Income, and Minimizing Your Taxes
There is a language to taxes, and unfortunately, only accountants have been primarily taught that language. Often a business owner wants to know what they …