Posts Tagged ‘S Corporations’

Incorporation Procedures for Your Georgia LLC

Incorporating in Georgia, Setting up an LLC in Georgia, Setting up an S Corporation in Georgia, Georgia Entity Selection, Converting Your GA LLC to an S Corporation, Converting Your GA C Corporation to an S Corporation, GA LLC, GA S Corporation and Converting Your Georgia Business to an S Corporation

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Is it Time to Incorporate Your Business?

Looking to Incorporate Your Business in Other States? Do You Have to Incorporate Your Business? At His CPA PC we work hard to ensure that you get Tax and Business Guidance

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Are You a Contracting Business Looking to be an S Corporation?

Are You a Contracting Business Looking to be an S Corporation? Are You a Service Business Looking to be an LLC Corporation? Need to Know How S Corporations Are Taxed? Need to Know How an LLC Pays Income Taxes? Looking for Advice and Wisdom on Which Entity Type is Best For Your Business? Determining to be an S Corporation or LLC Gwinnett CPA Firm on Incorporating in Georgia When looking at what type of entity your business should be, we str...

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Duluth/Lawrenceville/Snellville CPA: Incorporating in Georgia

If you have just made the hardest decision of opting to go into business for yourself or if you have owned your own business for years, having a working knowledge of how your overall tax bill is determined can cost or save you thousands. Making the right decision for your business will be critical to both your short terms success as well as eventually how comfortable your retirement might be.

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Don’t Know Which Entity to Select for Your New Corporation?

Understanding the nuances of being a C Corporation versus being a Georgia S Corporation is a key component of making wise and informed decisions about which entity type is best for your business. Whether you are incorporating in Georgia or elsewhere, working with someone who is well informed about local and state laws is your best defense to getting started off on the right foot.

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Duluth/Norcross/Johns Creek CPA: S Corporations vs. LLC’s

For the most important tax issue you will ever make you will want to be sure to seek out wise counsel who can best guide you through which entity type will be best tax-wise for your business. Though you are not locked into any selection forever, your obstacles and nuances in changing is something you would rather get right the first time than have to re-visit the issue at a later date.

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Utilizing S Corporation Profits/Losses

I do not believe in scare tactics in helping clients see the truth it is often the only way to help someone make a wise a prudent decisions. My goal is not to be THE CPA for all of Atlanta but just the share that God allows me to have. Recently I was able to work with a new client to whom the prior accountant had made several tax elections that in hind sight cannot be reversed resulting in the taxpayer substantially overpaying their taxes. I am c...

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Got a New Business?

Got a New Business? Just Gotten Your Business Incorporated? Are you Looking at Stacks of Incorporation Papers/Details? Don't Know Where to Get Your Business License? Need to Be Sure Your Corporation is an S Corporation? Need to Convert Your LLC to an S Corporation for Tax Purposes? Duluth/Gwinnett CPA on Addressing New Client Start-up Issues for Georgia Taxpayers When we get new clients, like a doctor we do diagnostics and ev...

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Duluth/Gwinnett GA CPA: Getting Tough Tax Questions Answered

One of the first surprises many business owners face when incorporating their business is discovering a listing of the individual due dates associated with the filing of their incorporated entities and the requisite attendant returns. Although the IRS does allow for the proper extension of returns, there is little "wiggle room" for the prompt payment of all taxes. For nearly a century the IRS and states have been a pay as you go system requiring ...

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Determining Withholding for S Corporation Owners

To preclude the responsibility for an S Corporation owner to also have to pay estimated tax payments to both the IRS & Georgia, it is prudent to work closely with your CPA to adjust/increase your withholdings accordingly. A Georgia LLC, LLP, partnership or sole proprietorship, you are subject to the 15.3% Self Employment/FICA/Medicare tax on all of your net earnings. The S corporation, on the other hand, pays you a deductible salary (which is ...

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