Once your business becomes an S-Corp, you cannot take money out the same way you did with a sole proprietorship or LLC. You now have two ways to pay yourself: salary and distributions. Salary The
Selling a rental property in Texas and hoping to avoid a massive tax bill? Enter the 1031 exchanges for Texas investors. This little
Once your LLC is set up and money starts coming in, the next question hits fast: how do you actually pay yourself as
There’s a new tax bill in town. We don’t recommend reading it unless you enjoy footnotes and IRS jargon. But luckily, we already
Let’s get this out of the way: Yes, we’re putting ourselves first. No, we’re not ashamed. We specialize in HVAC accounting. We know
So… you’ve had it with Excel? Good. Because if you’re still tracking your income in a spreadsheet and hoping TurboTax magically understands your
If you’ve heard people buzzing about a new tax bill – yep, it’s finally here. The draft version of the new Ways &
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