How the 15% Corporate Tax Rate Could Impact Your Business

Former President Donald Trump has proposed lowering the federal corporate tax rate from 21% to 15%, aiming to enhance the U.S. economy’s global competitiveness. This move builds upon the success of the Tax Cuts and Jobs Act (TCJA) of 2017, which reduced the corporate tax rate from 35% to 21%. The proposed cut is designed […]
Why MSOs Aren’t Classified as Personal Service Corporations

Introduction When structuring a business, especially in industries involving professional services, understanding the tax classification of your entity is crucial. A common area of confusion is whether a Management Services Organization (MSO) qualifies as a Personal Service Corporation (PSC) under the Internal Revenue Code. Generally, an MSO is not considered a PSC; however, there are […]
Prevent a $10.5M Loss: Essential Tax Planning Strategies

For business owners, the cost of inaction can be staggering. Meet a 58-year-old privately held business owner of a thriving technology services company with 22 employees. Like many business owners, he was unaware of the tremendous financial risk he had, as he was losing millions of dollars each year to inefficient tax structures. Over five […]
Maximizing Cash Flow: Tax-Efficient Strategies for C-Corps

C-Corp Tax Strategies: Maximize Cash Flow & Minimize Taxes C-Corp Tax Strategies: Maximize Cash Flow & Minimize Taxes Learn how C-corporations can optimize tax planning, reduce liabilities, and enhance financial efficiency through proven tax strategies. Why Tax Planning is Essential for C-Corporations C-Corporations often face **double taxation**, but with the right strategies, businesses can **minimize […]
No Need to Fear the Accumulated Earnings Tax

As a business owner, the concept of the accumulated earnings tax might seem daunting. However, with the right strategies and understanding, you can navigate this tax with confidence. Let’s break it down in simpler terms and see how you can protect your business. What is the Accumulated Earnings Tax? The accumulated earnings tax is a […]