For some, this may include refining their financial structures, specifically working to minimize tax implications moving forward. One method that is gaining traction is the S corporation election.

That's because an S corporation has some appealing tax benefits and still provides business owners with the liability protection of a corporation. With an S corporation, income and losses are ...

For most people, getting out of self-employment taxes will save a lot of money. LLCs do not allow that on their own. However, ...

They’re a popular choice for small businesses, because they combine the liability protection of a C corporation with the tax benefits of a partnership or sole proprietorship. S-corps are also ...

The Public Company Accounting Oversight Board has withdrawn the two standards it approved on firm and engagement metrics and firm reporting.