Tax Law (Questions About Taxes)/Expert Profile

Expertise

Specializing in Business and Corporate taxation. Comparing the advantages and requirements of different business entities, such as Sub-S Corporations, LLC`s, Partnerships (Both Limited and General), Doing Business as a Sole Proprietor, or Using a C-Corporation. Issues regarding K-1 distributions, 1040, schedule C, 1120, 1120s. Are you considering domiciling a Corporation in a low tax state? I can review the benefits and misinformation that exists.

Experience in the area

I have been in the business of assisting business owners in reducing their taxes and liability since 1986. The company is Owelesstax, incorporated, at www.owelesstax.com

Organizations

National Small Business Owners Association.
Publications
Contributing author to "The Corporate Standard Newsletter".

Publications

Contributing author to "The Corporate Standard Newsletter".

What do you like about this subject?

Business
Business is the backbone of our economy and therefore of this great nation. In these current economic times it is imperative that all business owners operate at the highest level of competency. We are judge by a much higher standard than the average citizen. I help business owners succeed.

What do you still hope to achieve/learn in this field?

Most Business People are successful "in spite" of what they know. If we can raise the level of understanding for business owners, we strengthen this Country. Small Business is the Backbone of this country. Small business creates most of the jobs and most of the innovation in this country, but most business owners don't realize their potential.

Something interesting about this subject that others may not know:

All of the most successful large businesses in this country are incorporated. All of the most successful mid-sized businesses are incorporated, and most of the successful small businesses are incorporated. It seems that only the "S"mall, "S"truggling, un"S"uccessful businesses choose to do business as a sub-s, or worse yet an LLC or partnership.

Something controversial or provocative about this subject

Taxes are lower, deductions are better, and you are far less likely to be audited if you do business as a Real Corporation. Corporations have been recognized in this country longer than the constitution. They are well repected in Business. If you want to be Rich, Look at the poor people and DON'T do what they do.