Partnership taxation is uniquely complex. Unlike S-corps with straightforward salary/distribution splits, or sole proprietors with simple Schedule C reporting, partnerships require continuous basis tracking, allocation monitoring, and coordination
S-corp taxation creates unique optimization opportunities—and unique compliance requirements. Unlike sole proprietors or partnerships, S-corp owners have to navigate reasonable compensation rules, payroll tax optimization, QBI deduction thresholds,
“Year-round tax planning” sounds good in theory. But what does it actually mean in practice? For business owners considering tax advisory services, the question isn’t just whether ongoing
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
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
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