by Busy Bee Advisors | Mar 27, 2023 | Taxes
Maybe you’ve heard the horror stories about mail sent to the IRS. It remains unanswered for months. Reportedly, the IRS has mountains of unanswered mail pieces in storage trailers, waiting for IRS employees to process them. Because the understaffed IRS is having so...
by Busy Bee Advisors | Mar 27, 2023 | Taxes
Here are two important issues related to health insurance deductions for S corporations. First, if you own more than 2 percent of an S corporation and provide health insurance coverage, there are three steps you need to follow to claim a deduction: Step 1. The cost of...
by Busy Bee Advisors | Mar 10, 2023 | Taxes
As a business owner, you have hundreds, if not thousands, of decisions to make. But perhaps your most important is deciding whether to classify your company as a C Corporation, S Corporation, Limited Liability Partnership, Limited Liability Company, Single Member LLC...
by Busy Bee Advisors | Feb 17, 2023 | Taxes
As a business owner, you have hundreds, if not thousands, of decisions to make. But perhaps your most important is deciding whether to classify your company as a C Corporation, S Corporation, Limited Liability Partnership, Limited Liability Company, Single Member LLC...
by Busy Bee Advisors | Feb 15, 2023 | Taxes
Chances are you are one of the more than 16.5 million Californian’s who received the Middle Class Tax Refund. Eligibility is determined by current California residency, timely filing of 2020 taxes and a few other items. For full details and additional information,...
by Busy Bee Advisors | Jan 26, 2023 | Taxes
Because you run your own business, it’s safe to say that recordkeeping is one of the many administrative monkeys on your back. The idea of a set-dollar travel per diem may seem mighty appealing. Think of it—instead of tracking every dollar you spend on travel meals...
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