Business Tax Solutions Inc

06/24/2026

One of the most common questions we receive from business owners is:

"Should I stay as an LLC or switch to an S-Corp?"

The answer depends on several factors, including:

✔ Your business profit
✔ Your long-term goals
✔ Payroll requirements
✔ Tax planning opportunities

An S-Corp may help some business owners reduce self-employment taxes, but it isn't the right solution for everyone.

That's why it's important to evaluate your specific situation before making changes.

Have you ever wondered whether an S-Corp election could benefit your business?

Send us a message and let's discuss your options.

— Business Tax Solutions

10/20/2025

The home office deduction can significantly reduce taxable income for those working from home. Eligible expenses include a portion of rent, utilities, and even internet costs, making it a smart financial move for many self-employed individuals.

07/27/2023

Attended the National Association of Tax Professionals (NATP) tax conference in San Antonio. We obtained excellent tax information to help my real estate clients. Great event and awesome networking opportunity.

12/29/2022

Tax update:

The has announced that the $600 reporting threshold for money transfer apps (CashApp, Paypal, Venmo, Zelle, and etc) will not go into effect for the 2023 filing season. As a result, these companies will not be required to report transactions on a Form 1099-K, Payment Card and Third Party Network Transactions, when they exceed the $600 threshold amount enacted as part of the American Rescue Plan Act of 2021.

11/11/2022

If you receive $600 or more payments for goods and services through a third-party payment app, such as Venmo, or CashApp, these payments will now be reported to the . Read our articule for more details. Business owners MUST read before you file 1099s to independent contractors.

If you receive $600 or more payments for goods and services through a third-party payment app, such as Venmo, or CashApp, these payments will now be reported to the . Effective Jan.

09/15/2022

Today is the final day to file extended partnership and S-corp returns. Extended personal returns, as well as extended calendar year regular C corporation returns are due Monday, Oct. 17, since Oct. 15 falls on a weekend. There is no provision for additional extensions beyond those mentioned.