corporation (C corporation) Archives - FREE Yourself from IRS Problems

Shamsey Oloko May 1, 2017 Business Expenses, Disabled Access Credit, IRC Section 162, Ordinary and Necessary Expenses

Customer Based Tax Incentives For Businesses

Taking advantage of tax incentives makes good sense for businesses. One reason a business owner should use tax incentives is to help underwrite the cost of maintaining its existing customer base, while continually striving to increase it. Whether a sole…

Shamsey Oloko January 25, 2017 Business Expenses, Corporate Tax, Limited Liability Companies, Ordinary and Necessary Expenses, Partnership Tax, S Corporations, Taxable Income

Tax Treatment of Business Entities Part 1: Introduction

When starting a business enterprise, one of the most significant and important decisions to make is the choice regarding the legal form to use in operating the business. The alternatives include sole proprietorship, partnership, corporation (C corporation), S corporation, and…