The QBI deduction saves business owners up to 20% on their federal taxes. And as of July 2025, it’s permanent. Most guides still reference the 2025 “sunset” that
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C-Corp to S-Corp Conversion: Tax Implications You Must Know
Key Takeaways: Converting C-Corp to S-Corp requires filing Form 2553 with IRS consent Built-in Gains (BIG) Tax: 21% corporate-level tax on gains recognized on assets that appreciated before conversion, applies
C-Corp Tax Benefits: When Corporate Structure Saves Money
Key Takeaways: QSBS (Section 1202) can exclude up to $15 million in capital gains on C-Corp stock sale under OBBBA 2025 (tiered holding periods: 50% at 3 years,
LLC Taxed as C-Corp: Complete Guide to Making the Election
Key Takeaways: Any LLC can elect to be taxed as a C-Corporation by filing Form 8832 with the IRS Election preserves your LLC’s liability protection while gaining C-Corp tax treatment
C-Corp Tax Filing Deadlines: Everything You Need to Know
Miss your C-Corp tax deadline and you’re looking at automatic penalties—5% of your unpaid tax per month, up to 25%. Add interest on top of that. Then there’s
C-Corp Double Taxation: What It Is and How to Minimize It
Double taxation costs C-Corporation shareholders roughly 15-20 cents of every dollar that’s already been taxed once. If your C-Corp earns $100,000 in profit and you want that money
C-Corp vs S-Corp Taxes: Which Structure Saves You More Money?
The difference between C-Corporation and S-Corporation taxation can mean tens of thousands of dollars in annual tax savings—or cost you the same amount if you choose wrong. This
Form 8865 Schedule O: Property Transfer Reporting Requirements
Last Updated: January 18, 2026 | International tax CPA firm with Big Four experience Key Takeaways Schedule O reports property contributions to foreign partnerships under Section 6038B Required for Category
Multi-State Partnership Filing: Your Complete State-by-State Guide
Introduction Last year, a tech partnership operating in California, New York, and Illinois discovered they owed $847,000 in penalties and interest for missed state filings. Their mistake? Assuming
The Complete Short-Term Rental Tax Strategy Guide: Understanding W-2 Income Offset Opportunities for High-Income Professionals
Executive Summary: What You’ll Learn This comprehensive guide explores the tax planning opportunities that may be available through short-term rental (STR) properties when properly structured and operated. We’ll cover: The