Boyd Tax Advisors

Tag: small-business

  • S-Corp Salary & Distribution Optimization With Guidance from the IRS

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    Cody B
    in

    Primary KW: S-Corp Salary vs Distribution Optimization Secondary KW: S-Corp reasonable salary, S-Corp distributions, Florida S-Corp tax planning, how to pay yourself from an S-Corp, S-Corp payroll tax savings, shareholder compensation, S corporation tax strategy, IRS reasonable compensation rules An S-Corp (or S-Corporation) is a business structure that allows businesses to pass its taxable income,…

  • FBAR & FATCA: A Comprehensive Guide to Foreign Bank Accounts & Compliance

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    by

    Cody B
    in

    Main KW: Foreign Bank Account Reporting Florida Secondary KW: FBAR filing requirements Florida, FATCA compliance US taxpayers abroad, Report foreign bank accounts IRS, FBAR penalties and deadlines, FATCA reporting thresholds, Offshore account tax compliance Florida Managing finances across borders can create powerful opportunities for your business and finances. However, you’ll have to contend with strict…