Jo Hagan, CPA

May 29, 2017

Should I be an LLC or an S-Corporation?

I get this question all the time.  The legal side is a question for a lawyer, not a CPA.   From a tax perspective at the federal […]
May 23, 2017

Do I Need a Separate Bank Account for My Business?

The short answer is yes. You need a way to segregate the business activity from the personal activity and the best way is to have a […]
June 13, 2011

Increase Tax for Social Security – Expect to pay more

Reports are out that the amount of salary you will pay social security tax on will increase in 2012 by at least $3,500 to $110,300. This […]
May 25, 2011

Small Business Relief From the IRS

Wait…can it be true? Good news from the IRS? Yes! If you file less than 250 W-2s for the tax year 2011, the IRS has delayed […]