Pratt & LeFevre's
Newsletters
September 2022
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.
August 2022
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 …
July 2022
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.
June 2022
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…
May 2022
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?
April 2022
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?
March 2022
Be prepared, here are important deadlines for your entity IRS Filings:
Your LLC filings are due March 15th unless you have filed an extension.
Your Individual returns are due April 15th
February 2022
Be prepared, here are important deadlines for your entity IRS Filings:
S-Corporations, Partnerships and Multi-Member LLC’s returns are filed by March 15th.
W-2’s and 1099’s were due by January 31st
January 2022
As we begin 2022, we start with new resolutions and goals personally and professionally. If you have been working with our team of specialists, you know the importance of strategizing your business to maximize your tax saving while minimizing your legal exposure and creating a path for generational wealth.