Tax Return Review – “Owner-Employees of S-Corporations”

In this review, Steven focuses on planning opportunities centered around owner-employees of S-Corporations, including adjusting Federal withholding to eliminate/reduce estimated tax payments, small business retirement plan contribution options, reviewing business returns, and examining the QBI deduction. This return also includes rules for deducting Alimony and potential planning opportunities for children not claimed as dependents.

 

Recommended Articles

Ask an Advisor: I’m in the Highest Tax Bracket and ‘Plan to Be There Moving Forward.’ Should I Do a Roth Conversion?

If you ask some financial professionals, the answer to this question might be a resounding no, and the discussion would be over. But there are arguments for doing Roth conversions, even if you are in the highest tax bracket.

Read More

How to Use a Client’s Tax Return to Map Financial Success

When advising clients on taxes financial advisors must remember that education and action are both critical.

Read More

“I have a tax preparer, so I have a tax planner.”

No one goes to an urgent care center complaining that the Family Doctor can’t also do open-heart surgery. We all understand that “doctor” is a general term.   Depending on […]

Read More

The information on this site is for education only and should not be considered tax advice. Retirement Tax Services is not affiliated with Shilanski & Associates, Jarvis Financial Services or any other financial services firms.

Contact Us