10 Tax Planning Strategies for 2026
A business owner waits until filing season to review the books. By then, payroll has already been processed, invoices have been issued, equipment purchases are complete, and appreciated investments may have been sold without considering the tax year. The return can still be prepared, but many planning decisions have already disappeared. Effective tax planning strategies […]
Tax Rate on S Corp Distributions: What Owners Need to Know
Let's get straight to the point: the tax rate on an S Corp distribution is most often 0%. Surprising, right? It feels like a trick question, but it’s true because of how S Corps are designed from a tax perspective. The money you take as a distribution has already been taxed. The IRS accounted for […]