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An S corporation, also known as a S subchapter, is one type of legal business structure common among small businesses. For self-employed individuals, the benefits of S Corps lie in their advantageous tax benefits but navigating through regulations can be challenging. To assist in this, Pure’s Tax Planner, Joey Bailey, CFP®, CPA, offers four tips […]
With Section 199A of the Trump tax reform (the Tax Cuts and Jobs Act of 2017) small business owners may be eligible to take a 20% tax deduction off their profit – it’s called the qualified business income deduction, or QBI deduction. In this video, Pure Financial Advisors’ Alan Clopine, CPA gives a brief overview […]
