If you’re preparing your 2022 tax return, there are some important updates you need to know. These changes will impact your tax bill and help you get back the most money possible. The Child Tax Credit Ends The Child Tax Credit, a popular federal policy that helps millions of parents offset the cost of raising
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Why Do You Want To Be An S-Corp?
If you are a self-employed entrepreneur, you may be considering becoming an S corporation. S-Corps enjoy pass-through taxation, meaning that their profits are not taxed twice. However, this advantage isn’t as simple as it sounds. In order to take full advantage of these advantages, your business must first properly run payroll and accurately report profits
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