S-Corporation 401(k) Are You Compliant Under SECURE 2.0? Contact Us If your S-Corporation 401(k) plan was established after December 29, 2022, SECURE 2.0 may require it to include automatic enrollment features. For plan years beginning on or after January 1, 2025, most newly established 401(k) and 403(b) plans that do not qualify for a statutory … S Corporation 401(k) Are You Compliant Under SECURE 2.0?
OBBBA State Tax Conformity: What S-Corp Owners Need to Know Contact Us When the One Big Beautiful Bill Act (OBBBA) became law on July 4, 2025, it introduced permanent 100% bonus depreciation, expanded the Qualified Business Income (QBI) deduction, and new federal deductions for qualified tips and overtime. While many S-Corporation owners welcomed these tax … OBBBA State Tax: What S-Corps owners need to know
Form 1099-DA for S Corporations: How to Reconcile Crypto Transactions Before Filing Contact Us Starting with transactions occurring on or after January 1, 2025, digital asset brokers — including cryptocurrency exchanges, hosted wallet providers, and payment processors — are required to issue Form 1099-DA to report proceeds from digital asset sales and exchanges. For S … Form 1099-DA for S Corporations: How to Reconcile Crypto Transactions Before Filing
BOI Reporting Exemption for S-Corps: Everything You Need to Know Contact Us For the better part of two years, S Corporation owners were preparing for one of the most significant compliance requirements in recent small business history. The Corporate Transparency Act S-corp reporting obligation generated widespread concern, confusion, and a cottage industry of compliance services. … BOI Reporting Exemption for S Corps: Everything You Need to Know
How the new Tariff Costs Affect S-Corp Taxes and COGS Contact Us The 10% baseline tariff on most U.S. imports has been in effect since April 2025, and for S-Corp owners who buy physical goods or source from domestic suppliers affected by import costs, the economics of doing business have changed. Federal Reserve survey data … How the new Tariff Costs Affect S-Corp Taxes and COGS
What Every S-Corp Owner Should Know About The Employer Childcare Tax Credit Contact Us For years, many businesses overlooked the Employer Childcare Tax Credit because the benefit rarely justified the cost or administrative effort. That changed with the One Big Beautiful Bill Act. Beginning in 2026, Section 45F provides significantly larger credits and expands the … Employer Childcare Tax Credit: A New Opportunity for S-Corp Owners
S-Corp Audit 2026: Prepare Now—AI Flags Returns More Efficiently Contact Us The IRS is changing how it identifies tax returns for review, and S Corporations are firmly on its radar. As part of its Strategic Operating Plan, the agency is expanding its use of artificial intelligence, machine learning, and advanced analytics to flag returns that … S-Corp Audit 2026: Prepare Now—AI Flags Returns More Efficiently
Is an S-Corp Refinance Right for You? Key Growth vs Cash Needs Contact Us After several years of elevated borrowing costs, interest rates have begun to ease — giving S Corporation owners an opportunity to reassess their financial strategy. Whether you are considering an S-corp refinance on existing debt, evaluating new financing options, or rethinking … Is an S-Corp Refinance Right for You? Key Growth vs Cash Needs
S-Corp Tip Deduction: Is Your Payroll Ready for the New $25,000 Employee Break? Contact Us S-Corps Owners in the restaurant, salon, or personal services industry, pay attention, a provision in the One Big Beautiful Bill Act just changed how your tipped employees are taxed. Here is what the S-Corp tip deduction means in practice and … S-Corp Tip Deduction: Is Your Payroll Ready for the New $25,000 Employee Break?
The 1099 Threshold for 2026 Is Now $2,000 Contact Us S-Corp owners who pay independent contractors just had a key compliance rule shift under the One Big Beautiful Bill Act. The 1099 threshold 2026 has been raised from $600 to $2,000 for both Form 1099-NEC and Form 1099-MISC, effective for the current tax year. If … 1099 Threshold 2026 Is Now $2,000 — What Changes, What Doesn’t, and What Still Trips S-Corps Up
S-Corp vs. LLC vs. C-Corp: A Practical Guide to Choosing Contact Us When starting or restructuring a business, few decisions carry more long-term financial weight than your entity type. The S-Corp vs. LLC vs. C-Corp question is one of the most common in small business finance, and for good reason. Each structure comes with real … S-Corp vs. LLC vs. C-Corp: A Practical Guide to Choosing
How to Convert an LLC to an S-Corp (And When It Makes Sense) Contact Us Deciding to convert an LLC to an S-Corp is one of the most impactful tax decisions a small business owner can make. The process is more straightforward than most people expect, but the timing, paperwork, and understanding exactly which changes … How to Convert an LLC to an S-Corp (And When It Makes Sense)
How to Pay S-Corp Estimated Taxes: A Quarterly Planner Contact Us For an S-Corp owner, staying on top of your S-Corp estimated taxes is one of the most important financial habits you can build. Unlike a W-2 employee whose taxes are withheld automatically, S-Corp owners must pay their income tax liability directly to the IRS … How to Pay S-Corp Estimated Taxes: A Quarterly Planner
S-Corp Reasonable Salary: How to Set One (and Why the IRS Is Watching) Contact Us One of the biggest advantages of S-Corp status is the ability to split your income between a salary and distributions, but it comes with a firm condition. The IRS requires every shareholder-employee to pay themselves an S-Corp reasonable salary before … S-Corp Reasonable Salary: How to Set One (and Why the IRS Is Watching)
The OBBBA signed July 4, 2025, permanently extends the QBI deduction, restores 100% bonus depreciation, raises the SALT cap, and more. Here is what every S-Corporation owner needs to know heading into 2026.