Blog
IRS Penalty for Underpayments Soars to 8% – Gig workers and Consultants at Risk
December 7, 2023
The Internal Revenue Service penalty for tax underpayments has nearly tripled since 2021, putting gig economy workers and consultants at the largest risk of having ...
Read More
Texas No Tax Due Report Discontinued Beginning With 2024 Report Year
November 15, 2023
If you are a business owner in Texas, recent changes in the franchise tax law will affect your filing obligations. The Texas Comptroller of Public ...
Read More
Careful…S-Corp Health Insurance Premiums Are Wages
June 29, 2023
In general, health and accident insurance premiums paid, on behalf of a greater than 2-percent S corporation shareholder-employee, are deductible by the S corporation. It ...
Read More