S Corp Benefits - Avoid Self-Employment Taxes

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Product Name: S Corp Benefits – Avoid Self-Employment Taxes


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By Watson CPA Group (Google+)

The Watson CPA Group and Jason Watson have released the 2018 Edition of Taxpayer’s Comprehensive Guide to LLCs and S Corps. 320 pages of pure pleasure! We went through a major revision following the Tax Cuts & Jobs Act of 2017 including Section 199A deductions for small businesses. Yeah, no kidding.

We have several examples showing how the Section 199A works, why S corporations remain a great tool for tax savings and why reverting to a C corporation is a bad idea. We also express questions about old school Schedule C deductions and business combinations (owned by the same person / entity) where one business qualifies for the Section 199A deduction and the other does…

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