Tag Archives: tips

How Your Marriage Can Impact Your S Corporation

Marital status can impact your S Corporation more than you may realize.

Before starting your business or changing its status, make sure you’re aware of all the implications this has for you and your spouse.

Community Property and Asset Co-Ownership

Community property is the designation given to any asset that a married couple owns together, regardless of the...
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What Happens to Your Business When You Die?

Preparing your company for your incapacity or death is vital to the survival of the enterprise.

what happens to your business when you die by Davis Law Group PC

Without a plan in place your customers, employees, vendors and even your family can be negatively affected and the future...
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What You Need to Know About Real Estate and 1031 Tax Deferred Exchange

1031 Tax Deferred Exchange-

How the 1031 Tax Deferred Exchange Can Affect Your Real Estate Investment

Since the Tax Reform Act of 1986, real estate investors have faced one big problem on the sale of their property: higher taxes. Upon the sale of an investment property the full amount...
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Schedule K-1s are Due March 15th – Are You Ready?

Whether you’re a small LLC, an Electing Large Partnership LLC or an S-Corporation, March 15th marks the date you must file your 2016 tax returns (Form 1065, 1065-B, 1120S, or 2553, depending upon your business entity).

In addition to filing your taxes by this date, March 15th also marks the deadline for sending out Schedule K-1s...
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