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And don't skimp on a quality accountant. I "saved" $2k one year by shopping for a bargain accountant. I've since learned his advice cost me between $50k and $10

by xapata 9y ago

And don't skimp on a quality accountant. I "saved" $2k one year by shopping for a bargain accountant. I've since learned his advice cost me between $50k and $100k in unnecessary taxes.

gk1 9y ago
What was the advice about? I’m curious what led to such a big difference.
- xapata 9y ago
  LLC vs S-Corp. Trump muddied the waters though. Now it's unclear which is better.
  - zrail 9y ago
    S-Corp is still strictly better for tax purposes for companies with net profit before owner salaries north of $100k.