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.
No, the IRS is not trying to balance out the last 2 years where the deadline to file was extended into July (2019) and May (2020). In fact, every year […]Read More
Retirement Tax Planning through Capital Gains Harvesting Capital gains can be an exciting topic. In simple terms, it means that investments worked out well for clients whose advisors recommend capitalRead 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.