Accounting, Bookkeeping, & Tax Blog

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A Guide to Self-Employment Taxes as an S Corp

TaxesSmall Business

An S corp allows owner-employees to split income between salary and distributions. Salaries are still subject to payroll taxes, but distributions generally are not. This structure can unlock significa…

how-to-calculate-qbi

How to Calculate QBI: Claim Your 20% Deduction

TaxesAccountingSmall Business

How to Calculate QBI: Claim Your 20% Deduction

what-is-a-general-ledger

What Is a General Ledger and How Does It Work?

BookkeepingSmall Business

What Is a General Ledger and How Does It Work?