But keep in mind S-Corps aren't always advantageous, and are NEVER recommended for an entity with appreciating assets (e.g. real estate).
While I generally agree that real estate not be held in...
Type: Posts; User: OldJack; Keyword(s):
But keep in mind S-Corps aren't always advantageous, and are NEVER recommended for an entity with appreciating assets (e.g. real estate).
While I generally agree that real estate not be held in...
Hi Evan! Don't look like a lot of tax posts at this time of the year.
I have never seen a tax reference for a percent to allocating salary and profit. I don't believe one exists and the accountant is just playing it safe.
If you take no cash payments or asset...