Basics & Beyond Tax Flash October 2019
October 2019 Issues Issue 1: 2019 Tax Season Cut-Off Dates for E-File Form 1040 Last date for transmitting returns on extension from Form 4868 – October 15, 2019 Last date for re-transmitting rejected late or returns on extension from Form 4868 – October 20, 2019 Issue 2: Error in Calculation on Schedule Tax Worksheet for […]
An Introduction to the Tax Implications of Marijuana
As a tax professional, you probably work with a wide range of clients. It doesn’t matter whether you’re an accountant specializing in taxes, an enrolled agent, a certified tax preparer, a tax attorney, or any other professional covered under circular 230. Regardless, your clients probably come in all shapes and sizes. When working with various […]
Crowdfunding: The Definitive Guide for Accounting Professionals
The Definitive Guide to Crowdfunding for Accountants and Tax Professionals When starting a business, there are all sorts of options for funding. You might form an LLC and back it yourself with your own private funds. You could attempt to raise venture capital from accredited investors and form a C-Corporation. Or, you could distribute shares […]
S Corps and Reasonable Compensation
S Corps and Reasonable Compensation: What’s Really Reasonable? Basics & Beyond™ offers many tax webinars to help you stay up-to-date on various topics. One of which is S corps and reasonable compensation. In the United States, corporations come in a variety of shapes and sizes. For many businesses, choosing to form a C corp versus […]