Lori Holland

Shareholder Reasonable Compensation – S Corporation It is important to ensure that you are paying reasonable compensation within your S Corporation to any owners or shareholders.  As a shareholder or owner, if you have taken distributions or draws during the year, then you need to evaluate the amount of wages paid to any owners or […]

How to implement tax-free benefits for employees working from home. During Covid-19, companies small and large were forced to adapt to remote work. Workers and businesses invested in home offices and equipment. Now, a growing number of companies are realizing that full remote or hybrid work weeks are here to stay as more employees do

The Corporate Transparency Act (CTA) requirements went into effect as of 1/1/2024 and require certain entities, including Limited Liability Companies (LLCs), to disclose vital information about their beneficial ownership. Below are listed the specific requirements that LLCs must fulfill when registering under the Corporate Transparency Act. If you are the owner of an LLC that