Tax advisory services typically start at $3,000 annually. For some business owners, that feels expensive—especially when you’re already paying for tax preparation. The question isn’t whether advisory costs
How to Choose a Tax Advisor for Your Business
Finding the right tax advisor isn’t the same as hiring someone to prepare your returns. Tax preparation is transactional—you provide documents, they file forms, you’re done until next
Tax Advisory vs. Tax Preparation vs. Tax Planning: What’s the Difference?
If you’re a business owner trying to understand what your CPA actually does—or should be doing—you’ve probably heard terms like “tax prep,” “tax planning,” and “tax advisory” used
S-Corp Year-End Tax Planning Checklist: December Action Items
December 31 is a hard deadline. Once it passes, many S-Corp tax strategies disappear. Equipment deductions? The asset must be in service by year-end. 401(k) deferrals? December 31,
Maximizing QBI Deduction for S-Corps: 2026 Strategies
The 20% Qualified Business Income deduction is one of the most valuable tax breaks available to S-Corp owners. And as of July 2025, it’s permanent. But here’s what
S-Corp Reasonable Salary by Industry: 2026 Benchmarks & IRS Guidelines
How much should you pay yourself from your S-Corp? The IRS doesn’t give you a number. There’s no formula. No percentage. What they do give you is a
Essential Tax Clauses for Your Partnership Agreement: A CPA’s Checklist
Your partnership agreement controls more than profit splits and decision-making. It determines how the IRS treats your allocations, who handles audits, and whether partners get cash to pay
Partnership Tax Planning Strategies for 2026: What Changed and What to Do Now
The One Big Beautiful Bill Act (OBBBA) rewrote the rules for partnership tax planning in 2026. If you’re still working off 2024 playbooks, you’re leaving money on the
Real Estate Partnership Tax Planning: Strategies for Investors and Property Owners
Partnerships dominate real estate investing for good reason. The combination of pass-through taxation, debt basis rules, and flexible profit sharing makes partnerships the preferred structure for everything from
Family Partnership Tax Strategies: Income Splitting, Estate Planning, and Asset Protection
Family partnerships let you shift income to family members in lower tax brackets, transfer wealth at discounted values, and protect assets from creditors. When structured correctly, they’re one