by myvault | Mar 14, 2025 | Entity Planning, Tax Compliance, Tax Planning, Taxes
S Corporations (S Corps) offer several tax advantages and strategies that can help business owners optimize their tax situations. Here are some key strategies to consider: 1. Pass-Through Taxation: S Corps are not subject to federal income tax at the corporate level....
by myvault | Jan 3, 2025 | Entity Planning, Tax Compliance
S-Corps are a favored entity structure for their combination of limited liability and passthrough taxation, which prevents double taxation. Shareholders of an S corporation receive compensation and distributions based on their roles within the company. S-Corp owners,...
