Why-S-Corp-Owners-Need-to-Take-a-Salary

Why S-Corp Owners Need to Take a Salary

Tax benefits aren’t the only advantage to being an S-Corp. Another little-known benefit is that you can set up health insurance under the S-Corp and deduct your insurance premiums as “self-employed health insurance.” Nice, right? But you can only do this if your ”self-employed health insurance” is included in your W2 wages. In other words, it’s important to get a tax professional’s advice in setting it up right.

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Clothing For Work As Tax Deduction

Clothing for Work – Can I Write It Off?

Can you deduct clothing or shoes as a business expense for taxes?  One of the greatest things about being an online business owner is the wardrobe perks so I couldn’t resist finding out about whether or not clothing for work could be a tax deduction. Now, about those online business owner wardrobe perks.  Can I...
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