by jerry.chyo@gmail.com | Feb 12, 2024 | Tax Planning
Do Millenials know what a Defined Benefit Plan is? How often do Millennials think about their retirement plans? Retiring is like that high school crush you never quite figured out. Intriguing yet perplexing, offering promises of golden years filled with leisure,...
by jerry.chyo@gmail.com | Feb 6, 2024 | Tax Planning
Your S Corp payroll can save you MONEY! As an S Corp shareholder, you are required to be on the companies payroll. Let’s look at the best way to “pay” yourself as an S Corp owner. Introduction S Corporations (S Corps) can be looked at as a great blend of a...
by jerry.chyo@gmail.com | Nov 16, 2023 | Tax Problems
Communicating with the Internal Revenue Service (IRS) is not for the faint of heart. They don’t negotiate in the sense you normally think of negotiating and dealing with them can be daunting, especially as penalties and interest accrue. This keeps adding stress to...
by jerry.chyo@gmail.com | Nov 9, 2023 | Tax Problems
Dealing with a large tax debt is a terrible thing. You lose sleep. You struggle to find motivation. As cheesy as it sounds, food even loses its flavor (hmmm bad pun sorry). Enter the IRS Fresh Start programs Currently Not Collectible status. Nothing about...
