by Mark D. Reader, CPA | Oct 27, 2022 | Articles
The pass-through deduction is available to owners of sole proprietor-ships, single member limited liability companies (LLCs), partnerships, and S corporations. The deduction may also be taken by trusts and estates. The deduction is intended to reduce the tax rate on...
by Mark D. Reader, CPA | Oct 27, 2022 | Articles
There are two kinds of options-statutory and nonstatutory. “Incentive stock options,” or ISOs, as they’re commonly known, are statutory options, because they’re specifically provided for in the Internal Revenue Code and are subject to numerous qualification...
by Mark D. Reader, CPA | Oct 27, 2022 | Articles
To be an S Corporation or not to be an S Corporation that is the question: You have formed a new corporation and you are wondering if you should make an S Election to treat the newly formed corporation as a small business corporation pursuant to subsection “S” of the...
