by KLPCPA | Aug 8, 2014 | Taxes
One of the most basic planning questions for S-Corp owners is the allocation of earnings between salary and K-1 income. Before getting into the W-2 vs K-1 issues we’ll point out that the owner of an S-Corp is a statutory employee and as such is supposed to...
by KLPCPA | Jul 4, 2014 | Taxes
Estate Taxes can be the unintended outcome of a successful family-owned business. The team at Kehlenbrink, Lawrence & Pauckner (KLP) rarely meets business owners who get really excited about dealing with estate tax risk. That’s our arena, and we really do get...
CARES Act made changes to excess business losses
The possible tax consequences of PPP loans
File cash transaction reports for your business — on paper or electronically
Why do partners sometimes report more income on tax returns than they receive in cash?
Even if no money changes hands, bartering is a taxable transaction