How to Use a C-Corp and S-Corp Together to Reduce Your Tax Bill
TL;DR: A C-Corp can sometimes reduce taxes - but usually only when paired with an S-Corp and used to defer distributions for years. This strategy only works for high earners…
Basic tax preparation, complex tax preparation, and tax planning tips to ensure you are prepared for all of your tax obligations. Let Fraim, Cawley & Company assist you with your personal or small-business tax preparation & other tax services.
TL;DR: A C-Corp can sometimes reduce taxes - but usually only when paired with an S-Corp and used to defer distributions for years. This strategy only works for high earners…
TL;DR: The 21% C-Corp tax rate isn’t the slam dunk some advisors suggest. When you factor in double taxation, loss of QBI and PTET benefits, and the reality of your…
TL;DR: Key provisions of the Tax Cuts and Jobs Act are set to expire after 2025 - if not extended by Congress. This includes the 20% QBI deduction for pass-through…
2025 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. January 15th: due…
2024 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. January 16th: due…
These are the questions I get asked more than anything else in my CPA firm: “What are some deductions that people miss?” “What deductions can I take for my small…
2023 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. January 17th: due…
2022 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. January 18th: due…
2021 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. January 15th: due…
2020 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. January 15th: due…