Tag: c corporation tax

Here’s why it is tax smart to hire your children in business…
02 Dec
Posted in Tax No comments

Here’s why it is tax smart to hire your children in business…

As a self-employed business owner, you may occasionally be taking help from your children in your business. On many occasions, it may be part-time work. There are many tax benefits of employing your children in the business. Below is a quick summary : From a business perspective : The wages that are paid to yourRead more about Here’s why it is tax smart to hire your children in business…[…]

C Corporation Payroll and Tax Compliances list
03 Jun
Posted in Payroll One comment

C Corporation Payroll and Tax Compliances list

C Corporation Payroll and Tax compliances list C Corporation : This is a business entity structure that is taxed separately from its owners/shareholders. They are also subject to separate corporate income tax . A C Corporation is owned by its shareholders. There is double taxation of profits under this type of entity structure. Corporation isRead more about C Corporation Payroll and Tax Compliances list[…]