As published in the Winter Park/Maitland Observer, Thursday Jan. 3, 2012 Edition Offers... Read More »
Articles in category 'LLC’s'
Increased Audit Risk Accompanies Schedule C Filings
Joe Kristan reminds us once again of why you should not use the sole proprietor form of business: A scary headline: “Freelance? An IRS audit may be in your future.” A Tax Court case yesterday shows why a Schedule C on your return might interest the tax man. A New York City taxpayer filed a…
Read Full Article Categorized in: LLC's, S Corporations, Tax Tips5 Top Reasons to Incorporate (in Addition to My Fees)
There’s been a lot of crazy talk lately among non-lawyer, non-CPA bloggers accusing lawyers and CPAs of advising their clients to incorporate merely to get additional fees. These bloggers offer no evidence to support their claims and merely assume that because lawyers and CPAs sometimes incorporate their clients for a fee that they are advising them to incorporate for…
Read Full Article Categorized in: LLC's, S Corporations, Tax Tips