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peterullrich.com
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61 days ago
Oh my, so what do you do? Hire an accountant for everything?
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kennedy-g.bsky.social
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60 days ago
For most people, yeah. Citizens/permanent residents can have simple situations. For most small business, you can choose pass-thru or S Corp taxation.
The former commingles personal and business. You’ll need to research what’s fair for deductions, but it’s mostly the same as personal taxes.
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kennedy-g.bsky.social
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60 days ago
The latter you more than likely have to do an accountant.
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The former commingles personal and business. You’ll need to research what’s fair for deductions, but it’s mostly the same as personal taxes.