Hi! I am a TurboTax Live CPA. To answer your question a balance won't post until it has been assessed to your account. Did they send you a CP2000 notice or othe...
Hi! I am a TurboTax Live CPA. You will typically need to file a W-2 from the S-Corp to yourself for any employee services rendered. Generally the wage paid must...
Hi! I am a TurboTax Live CPA with over 10 years of experience. The one thing that I find is quite often overlooked is the business use of a personal cell phone....
Hi! I am a TurboTax CPA with over 10 years of experience. The answer to your question depends on how you elected to be taxed. I will briefly describe the two mo...
Hi! I'm a TurboTax Live CPA. The major advantages to being taxed as an S-Corp is that it is possible to avoid some of the self-employment tax associated with th...
