How to Pay Yourself as an S-Corp Owner

As an S-corporation owner – how do I pay myself?? One of the biggest advantages of running your business as an S-corporation is minimizing the 15.3% Self-Employment Tax. To do that, you typically pay yourself a reasonable salary based on the work you perform for your company. The amount you pay yourself via salary tends to be much less than your total company [...]

How to Pay Yourself as an S-Corp Owner2021-03-15T11:56:02-05:00

Texas Residents Automatic Tax Extension Relief to Severe Winter Storm

Texas residents, you get a small reprieve in an extended tax deadline! On February 23rd, the IRS announced it would be extending the tax filing deadline (for Texas residents) to June 15, 2021 after the state’s weather disaster. The extended filing date applies to individual, business, and trust returns. This means filing and payment deadlines will now be due June 15, 2021. Please [...]

Texas Residents Automatic Tax Extension Relief to Severe Winter Storm2021-03-15T09:56:13-05:00
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