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In this episode we guide you through the critical dates and details that every S-Corp and Partnership owner must know. Don't forget that the March 15th deadline for filing those business tax returns is approaching!

In this episode we explain the 1120S and 1065 tax returns for partnerships and S Corps and how to understand them and the taxes you will pay from your business!
We discuss what you need to give your CPA to file your tax return if you are filing a business tax return.

We also answer these questions:
What's a K-1 and how does it work?
What happens if I don't file on time?
What are ways to reduce taxes if you have a partnership or S Corp?

 We got you covered with practical advice on preparing for a smooth business tax return process. We cover the essential documents your CPA needs and the nuances of deductible expenses, including assets like vehicles that can offer significant tax relief.

We emphasize the power of keeping your books up to date—not just for compliance, but to take advantage of tax-saving strategies like the Augusta Rule. 

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