Pratt & LeFevre's

Memberships & AffiliationsGet In TouchCorporate Headquarters: Pratt and LeFevre Corporation 450 Simmons Way, Suite 100 Kaysville, Utah 84037 (By appointment only) 833-772-8848 info@prattandlefevre.com

Memberships & AffiliationsGet In TouchCorporate Headquarters: Pratt and LeFevre Corporation 450 Simmons Way, Suite 100 Kaysville, Utah 84037 (By appointment only) 833-772-8848 info@prattandlefevre.com

PREPARE TO MEET YOUR ACCOUNTANT!

There are a few tax tasks that you should take care of at this time of year to tie off this year’s taxes. First, reconcile all bank statements and accounts. . Review the transactions that should have been…

GETTING READY FOR YEAR END AND TAX STRATEGY?

Remember your Corporation is the publicly visible structure in the Pratt and LeFevre Corporation O.N.C.E. Strategy. Your LLC is private.

ARE YOU KEEPING YOUR ACCOUNTING RECORDS CORRECTLY?

It is essential to keep records of money spent and to understand how the cash flows from your Corporation to your new LLC.

SINGLE MEMBER LLC VS MULTI MEMBER LLC, AND WHAT YOU SHOULD KNOW…

LC; Limited Liability Company was created in 1977 by the state of Wyoming. It was slow to take off and Delaware finally filed the first LLC in …

S CORPORATIONS VERSES C CORPORATIONS, WHAT YOU SHOULD KNOW…

C Corporations and S Corporations are tax classifications from the IRS and how the IRS will tax the business entity.

GROUPING: TAX STRATEGY FOR OWNERS OF MULTIPLE BUSINESSES

Most business owners don’t understand the difference between being “Actively and Materially” involved in a business…

Before you get into the weeds, you need to understand:

What are some of the tax pros and cons to operating your business in a partnership?

The IRS is a Collection Agency, Not a Friend:

Did you know the IRS is a collection agency for the government? They are tasked to find money they feel is due and collect?