S Corp Reasonable Salary for Contractors: Too Low, Too High, and What the IRS Looks At

by Israel Diaz | Oct 15, 2026 | Contractors, Taxes

His salary was set when the company did $900,000 a year. It does $4 million now (example numbers). That was seven years ago, and the number made sense back then. He ran one crew, did his own estimates and pulled his own permits. Since then he added three crews, a shop...

S Corp vs LLC for Contractors: When the Election Actually Saves You Money

by Israel Diaz | Sep 7, 2026 | Contractors, Taxes

Somebody at the supply house told you to become an S Corp. Somebody else said it’s a headache. Both of them are describing real experiences, and neither one knows your numbers. Entity structure is one of the few decisions in a contracting business where the...

The $80,000 Alignment Problem: Why Successful Business Owners Still Overpay Taxes

by Israel Diaz | Mar 3, 2026 | Accounting, Business, IRS, Management, Money, Real Estate, Small Business, Tax-planning strategy, Taxes

How to Rent Your Property to Your Business Without Falling Into the IRS Self-Rental Trap

by Mike Jesowshek, CPA | May 28, 2025 | Accounting, Business, IRS, Management, Money, Small Business, Tax-planning strategy, Taxes

Will the IRS Send You to Jail? Civil vs. Criminal Tax Issues

by Mike Jesowshek, CPA | Mar 26, 2025 | Accounting, Business, IRS, Management, Money, Small Business, Tax-planning strategy, Taxes

Avoid These 10 LLC Mistakes in 2025

by Mike Jesowshek, CPA | Mar 7, 2025 | Accounting, Business, IRS, Management, Money, Small Business, Tax-planning strategy, Taxes