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Sole Prop Tax Break For Those With Kids Under 18

by | May 17, 2014 | Sole Prop

Hi, I’m Tim Mayclin, CPA from Rohnert Park, California. If you operate your business as a sole proprietorship, and you have children under 18 years old you can pay them wages. You get the deduction and don’t pay payroll taxes on that amount. The kids...

Sole Prop, LLC or S-Corp – How To Choose

by | Apr 17, 2014 | Taxes

Hi. I’m Tim Mayclin, CPA from Rohnert Park, California. Today we’re going to talk about incorporating, what the difference is between a sole proprietorship or an LLC versus an S-corporation. I get the question a lot of whether the company should be an LLC...