Subcontractor vs Employee – 7 Warnings

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The IRS consistently warns taxpayers to not get caught paying ‘employees’ as ‘sub-contractors’. But believe it or not, the IRS, may be the least of your worries. There are 7 deadly results that could occur by trying to call an ‘employee’ a sub-contractor when it’s truly not the case.

Silent Partner – 3 SEC Compliant Ways to Bring One on

silent partner - 3 SEC compliant ways to bring one on

There comes a time in the lifespan of just about every business when the potential for substantial growth comes to fruition, and additional capital is necessary to make that growth happen. It’s at these moments you’ll probably start looking for people to invest in your business.

199A Deduction for Rental Real Estate Investors

199A deduction for rental real estate investors

If you have rental losses, you DO NOT want your enterprise to be considered QBI and included in the 199A Deduction calculation, BUT you (or your spouse) DO want to be considered a real estate professional in order to deduct the losses against your other ordinary income.

When to use an S Corporation

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Don’t underestimate the power of the S Corp.  Consider getting a second opinion if anyone says an S Corp isn’t the best fit.

How to Maintain My S-Corporation

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The S-Corporation can be a powerful structure and tool to save on self-employment taxes and can also protect a business owner’s personal assets from lawsuits that may arise from their operations.

Is the Single Member LLC a Solution for Me?

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Single-Member LLC’s have their place in the spectrum of business entity choices, and whether such an entity is right for you will depend on the details of your own personal situation.

Rules for Foreigners Investing in Rental Property in the U.S.

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The U.S. tax rules that apply to ownership and dispositions of U.S. real estate by foreign persons are different in some important respects from the rules that apply to U.S. persons. Also, property managers are under special rules when managing property for foreign owners, and sellers to foreign investors can be classified as withholding agents (which have important obligations and liabilities associated with the classification).