In my last blog dated May 8, “Business Structure Dictates Tax Treatment For Professional Traders,” I recommended electing S-Corportation tax treatment for a management company or trading business. I ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

S corporations pass profits and losses directly to shareholders, avoiding double taxation. Owners can reduce self-employment tax by splitting income into salary and distributions. S corporations can ...

There are three main options: salary, distributions or both. The best choice depends partly on your role in the S-corp. Many, or all, of the products featured on this page are from our advertising ...

In the last four years, content creation has undergone significant changes, with platforms such as Twitch, OnlyFans, Youtube, Instagram, and TikTok now serving as viable sources of income. Despite ...

An S-corp is a special designation in the U.S. tax code for small businesses. Pros include less personal liability. Many, or all, of the products featured on this page are from our advertising ...

Prableen Bajpai is the founder of FinFix and Analytics Private Limited. She has 10+ years of experience as a finance, cryptocurrency, and trading strategy expert. Suzanne is a content marketer, writer ...

Whether you use the accrual or cash accounting method determines the time at which you recognize your revenues and expenses. The accounting method you choose may affect the amount of taxes you have to ...