Sole proprietors (Schedule C filers) deduct business expenses without any formalities. However, S Corporations have a basis limitation,...

Wondering if can pay personal taxes wit S Corps money? Learn why you can't, what happens when mistake is made and how to fix it.

If you own an S Corporation or a Limited Liability Company, you might have received a 1099-K. Let’s break down what the 1099-K form is,...