big belly Buddha

Forming an S Corporation

This is an archive of our monthly newsletters. But you can get the newsletters sent to your email address for FREE. to be placed on our list with the subject line “Monthly Newsletter.”

Also included:

  • E-mail reminders for filing estimates, taxes, etc. for both the corporation and the owner(s).
  • Updates on new laws, and new interpretations of the existing laws.
  • Articles on tax laws, like auto expenses, home office deductions, health insurance and retirement programs, etc.
  • 1099-B: The Delayed 1099
  • Personal Returns due April 17th
  • Little Box of Inc: Incorporations Made Easy published on Kindle
  • Household Workers Payroll Tax 2012 published on Kindle
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Audit and Representation Group
  • Classes—New Online Catalog, Basic Payroll, Tax Update and Household Employees, Schedule C and Entity Choices Workshop
  • Phone and Fax Numbers
  • “Critical Notice” for 1099s
  • e-Filing Starts January 17th and is required
  • Little Box of Inc: Incorporations Made Easy published on Kindle
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Audit and Representation Group
  • Classes—New online catalog, Basic Payroll, Tax Update and Household Employees, Schedule C and Entity Choices Workshop, plus QuickBooks
  • Phone and Fax Numbers
  • Time to Collect 1099 Information
  • Little Box of Inc: Incorporations Made Easy published on Kindle
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Audit and Representation Group
  • Classes—Basic Payroll, Schedule C, Tax Update, and Household Employees
  • Phone and Fax Numbers
  • “ACH Payment Canceled” or “Rejected Federal Tax transfer”
  • Personal Returns On Extension Are Due 10/15
  • Little Box of Inc: Incorporations Made Easy published on Kindle
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Speaker Development Group
  • EBAEA—Audit and Representation Group
  • Classes—S Corp vs. LLC, Basic Payroll, How to Prepare for an Audit, Schedule C, Household Employees and The Essential 1040/Beyond the 1040
  • Phone and Fax Numbers
  • Corporate Returns On Extension Due 9/15
  • Little Box of Inc: Incorporations Made Easy published on Kindle
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Speaker Development Group
  • EBAEA—Audit and Representation Group
  • Classes—S Corp vs. LLC, Basic Payroll, How to Prepare for an Audit, Schedule C and Household Employee Payroll, plus QuickBooks
  • Phone and Fax Numbers
  • Little Box of Inc: Incorporations Made Easy published on Kindle
  • IRS Doesn’t Send Email/BOE sends Letters
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Speaker Development Group
  • EBAEA—Audit and Representation Group
  • Classes—Basic Payroll, Schedule C, Household Employees, and SEE Classes
  • Phone and NEW Fax Number
  • Standard Mileage Rate Changes to 55.5 cents/mile July 1
  • S Corporations on the Web—Home Office
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Speaker Development Group
  • Classes—Basic Payroll, Schedule C, Household Employees, and SEE Classes
  • Phone and Fax Numbers
  • New Pasadena Classes added in June, including Household Payroll
  • Travel in June
  • S Corporations on the Web?
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Speaker Development Group
  • EBAEA—Audit and Representation Group
  • Classes—S Corporation Webinar, Basic Payroll, Schedule C and Household Employees
  • Phone and Fax Numbers
  • Estimated Payments Due 6/15
  • S Corporations on the Web?
  • Phone and Fax Work
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Speaker Development Group
  • EBAEA—Audit and Representation Group
  • Classes—S Corporation Webinar, Basic Payroll, Schedule C and Household Employees
  • Phone and Fax Numbers
  • Estimated Payments Due 4/15
  • Vacation April 3­8, Extensions
  • Tax Return Preparation for 2010
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Speaker Development Group
  • EBAEA—Audit and Representation Group
  • Classes—S Corporation Webinar, Basic Payroll, Schedule C and Household Employees
  • Phone and Fax Numbers
  • Attorney Fees: Deductible?
  • 2011 Payroll Tax Rate Changes
  • Tax Return Preparation for 2010
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Speaker Development Group
  • Classes—Intermediate S Corporation, Basic Payroll, Schedule C and Household Employees
  • For relaxation and Clear Thinking: On The Spot
  • Phone and Fax Numbers
  • IRSDoghouse.com
  • 2011 Mileage Rates
  • Tax Return Preparation for 2010
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Speaker Development Group
  • Classes—Balance Sheets and Basis, Intermediate S Corporation, Basic Payroll, Schedule C and Household Employees
  • For relaxation and Clear Thinking: On The Spot
  • Phone and Fax Numbers
  • 1099s ­ Penalty and Court Case
  • Organizing for 2010
  • Tax Buddha Messenger Bags
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Speaker Development Group
  • Classes ­ Balance Sheets and Basis, Intermediate S Corporation, Basic Payroll, Schedule C and Household Employees.
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • Phishing Scam on Federal Tax Deposits
  • QuickBooks file to the IRS?
  • Tax Buddha T-Shirts
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—Speaker Development Group
  • Classes ­ Balance Sheets and Basis, Intermediate S Corporation, Basic Payroll, Schedule C and Household Employees
  • For Relaxation and Clear Thinking/li>
  • Phone and Fax Numbers
  • Changes to S Corporation Rules: Dead or Just Sleeping?
  • Cafe Press
  • Name Change for Enrolled Agents?
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • EBAEA—2nd Vice President
  • Classes ­ Update for PBA, Balance Sheets and Basis, Intermediate S Corporation, Basic Payroll, Schedule C and Household Employees
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • Time to Hire Employees or Collectivize?
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes ­ Balance Sheets and Basis, Intermediate S Corporation, Basic Payroll, Schedule C and Household Employees
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • Withholding Tax for Foreigners
  • Employer Match for New Employees SS Waived and a $1,000 Credit
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes ­ Balance Sheets, Basis and the S Corp, Intermediate S Corporation, Basic Payroll, Schedule C and Household Employees
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • Short Vacation-Office Closed April 5-9
  • How to file your own Extension
  • Employer Match for New Employees SS Waived and a $1,000 Credit
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Intermediate S Corporation, Basic Payroll, Schedule C, and Household Employees
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • How to file your own Extension
  • Short Vacation-Office Closed
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Intermediate S Corporation, Basic Payroll, Schedule C, and Household Employees
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • Home Office Deduction
  • Need to See Copies of Some Documents
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Intermediate S Corporation, Basic Payroll, Schedule C, and Household Employees
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • 1099s and DE-542
  • Standard Mileage Rate for 2010
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Intermediate S Corporation, Basic Payroll, Schedule C, and Household Employees
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • W-2 Year-end Adjustments
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Intermediate S Corporation, Basic Payroll, Schedule C, and Household Employees
  • For Relaxation and Clear Thinking
  • Classes I've Been Taking
  • Phone and Fax Numbers
  • BOE-Use Tax, not a scam
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Intermediate S Corporation, Basic Payroll, Schedule C, and Household Employees
  • For Relaxation and Clear Thinking
  • Classes I've Been Taking
  • Phone and Fax Numbers
  • Individual Returns Due 10/15
  • The Corporate Information Scams – Minutes, Statements, and Posters
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Intermediate S Corporation, Basic Payroll, Train the Trainer and Schedule C. Household Employees
  • For Relaxation and Clear Thinking
  • Classes I've Been Taking
  • Phone and Fax Numbers
  • Corporate Returns Due 9/15, Estimates Due
  • The Corporate Information Scams – Minutes, Statements, and Posters
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Intermediate S Corporation, Basic Payroll, Train the Trainer and Schedule C. Household Employees? Remote Bookkeeping
  • For Relaxation and Clear Thinking
  • Classes I've Been Taking
  • Phone and Fax Numbers
  • COBRA and the Viper
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Basic Payroll and Schedule C, plus QuickBooks
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • Second Quarter Estimates due June 15th
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Basic Payroll and Schedule C, plus QuickBooks
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • Where’s my Refund?
  • Health Insurance for S Corporations
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Tax Update 2009, Basic Payroll and Schedule C, plus QuickBooks
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • Extension Due by Wednesday April 15th
  • PKZip/PDF, Brother/HP—Office Upgrades
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • 1% Sales Tax Rate Hike April 1
  • Classes – Tax Update 2009, Basic Payroll and Schedule C, plus QuickBooks
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • Extension Deadline Friday March 13th
  • Vacation March 16-20
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • $7500 for new home buyers
  • Classes – Tax Update 2009, Basic Payroll and Schedule C, plus QuickBooks
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • Know Your Tax Preparer
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Giant Pool of Money
  • Classes – Tax Update 2009, Basic Payroll and Schedule C, plus QuickBooks
  • 1099s W-2s and Tax Returns
  • Retirement Plan Contributions from an S Corporation
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Mandatory CA Electronic Payment
  • Classes – Tax Update 2009, Basic Payroll and Schedule C
  • Prevent Fraud in your Business
  • For Relaxation and Clear Thinking
  • Phone and Fax Numbers
  • Sign on the Car=Business Mileage=Deductible?
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Prepare for ’08 Tax Filing Season
  • What is your “Safeword?”
  • Classes – Basic Payroll and Schedule C
  • For Relaxation and Clear Thinking Interview
  • Planning for a Corporation in ’09?
  • New Phone and Fax Numbers
  • The Eightfold Path to Pay Less Tax and Avoid an Audit
  • Classes – Household Employees, Basic Payroll and Schedule C
  • For Relaxation and Clear Thinking
  • New Phone and Fax Numbers
  • “B” Notice for 1099s
  • Personal Returns Due 10/15
  • Classes – Basic Payroll, Household Employees and Schedule C
  • For The Tax Professional – S Corporations
  • For Relaxation and Clear Thinking
  • The 8-Fold Path to Paying Less Tax and Avoid an Audit in SF
  • New Phone and Fax Numbers

  • Mortgage Interest Limitations
  • Corporate Returns Due 9/15, Personal Returns Due 10/15
  • Classes – Basic Payroll, Household Employees and Schedule C
  • For The Tax Professional – Mortgage Interest Tracing
  • For Relaxation and Clear Thinking
  • The 8-Fold Path to Paying Less Tax and Avoid an Audit Preview
  • New Phone and Fax Numbers
  • New Standard Mileage Rate
  • Employer provided Vehicle can use Cents-Per-Mile if under $15,000
  • Classes – Basic Payroll and Schedule C for Sole Proprietors
  • For The Tax Professional – Basis and Auto Expenses
  • For Relaxation and Clear Thinking
  • The Next Product
  • New Phone and Fax Number
  • Extra Depreciation in ‘08
  • Employer provided Vehicle can use Cents-Per-Mile if under $15,000
  • Classes – Basic Payroll and Schedule C for Sole Proprietors
  • For Relaxation and Clear Thinking
  • The Next Product
  • New Phone and Fax Numbers
  • Corporate Returns due March 15th, and Extensions
  • Property Tax Statements (Form 571L)
  • Appointments Available
  • Classes – Basic Payroll and Schedule C for Sole Proprietors
  • Relaxation and Clear Thinking will Carry you Through
  • The Next Product
  • Your Questions in Future Newsletters
  • Write Down your Mileage
  • Organizers for 2007 Tax Year/Green Business
  • Appointments Available
  • Forms 1099 are due 1/31/08 for 2007 Work
  • Classes – Basic Payroll, 'S' Corporation, and Schedule C for Sole Proprietors
  • The Next Product(s)
  • Your Questions in Future Newsletters, Issues Next Issue

  • HELOC or Home Equity Line of Credit
  • Form 8919: 1099 Squealers
  • Classes – Basic Payroll, 'S' Corporation, and Schedule C for Sole Proprietors
  • The Next Product(s)
  • Your Questions in Future Newsletters, Issues Next Issue
  • Enrolled Agents: who are they?
  • Tax Buddha at Tri Chamber Business Expo 11/8/07
  • Classes – Basic Payroll, How to Prepare the 1120S and The 'S' Corporation
  • Your Questions in Future Newsletters, Issues Next Issue

  • Equity Section of the Balance Sheet
  • Classes – Schedule C, Basic Payroll, How to Prepare the 1120S and The 'S' Corporation
  • October 15th Tax Deadline—We need a week
  • Schedule a chair massage for yourself and your office
  • Your Questions in Future Newsletter
  • Traditional/Roth IRA conversions
  • Classes – Schedule C, Basic Payroll, How to Prepare the 1120S and The 'S' Corporation
  • September 15th - October 15th Tax Deadlines—We Need Two Weeks
  • Additions to the Practice
  • Your Questions in Future Newsletters
  • Meals and Entertainment, Per Diem Expenses
  • Classes – Schedule C, Basic Payroll, How to Prepare the 1120S and The 'S' Corporation
  • September 15th - October 15th Tax Deadlines
  • Mid-Year Review?
  • Your Questions in Future Newsletters
  • Health Insurance Reimbursements to Employees
  • Classes – "The 'S' Corporation," “Schedule C,” and “Basic Payroll”
  • New Additions to the Office
  • October 15th Tax Deadline
  • Publications
  • Buddha’s Birthday
  • Classes – "The 'S' Corporation," “Schedule C, ” and Basic Payroll
  • New Employees?
  • Publications
  • Refund Status – where’s my refund?
  • Can I get an Extension?
  • Traditional/Roth IRA Contributions must be made by April 17
  • Estimated Payments Too
  • Classes – "The 'S' Corporation," “Schedule C, ” and Basic Payroll
  • Refund Status – where’s my refund?
  • Due Dates – 1099 transmittals, tax return due dates.
  • Two More Dates for Classes – Andy’s Schedule C Class
  • Rumors of avoiding an audit by filing on extension are greatly exaggerated.
  • Phone Excise Tax Revisited, only for ’06 returns
  • Due Dates – estimated Taxes, 1099s, W-2’s
  • Two Classes – Tax Update by the Tax Buddha and Schedule C Class
  • New Mileage Rate for 2007 $0.485/mile
  • Phone Excise Tax refund
  • Cash Donations need Receipts
  • Get Ready for 1099s.
  • Presentation by Andy on January 11, ’07 in the morning.
  • “Buy a Truck,” or Don’t?
  • Estimated Tax Payments, pay State in December?
  • Holiday parties/gifts/bonuses.