The S-corp election can save a profitable LLC owner thousands in self-employment tax — or add cost and complexity for nothing. Here’s the honest break-even analysis
Read MoreThe headlines covered the politics. Here’s what the 2025 tax law actually changes on a real family’s return — SALT, tips, overtime, seniors, car loans, and what’s temporary.
Read MoreThe underpayment penalty is an interest charge you can engineer away. Safe harbors, the uneven-quarters trap, and the December withholding trick.
Read MoreTwo retirement plans, very different math for S-corp owners. Why the solo 401(k) usually wins, what the SEP still does well, and the deadline that trips people up.
Read MoreTwo states, one paycheck, and a “convenience of the employer” rule that taxes your work-from-home days. How NJ/NY commuter taxation actually works.
Read MoreAfter December 31, your CPA can only report what happened. Before it, you can still change the outcome. Nine moves to run before the ball drops.
Read MoreNew Jersey’s pass-through entity tax lets business owners deduct state taxes with no cap. Here’s how BAIT works, who benefits, and how the $40K SALT cap changes the math.
Read MoreSet your S-corp salary too low and you invite IRS scrutiny. Set it too high and you overpay payroll tax for years. Here’s how “reasonable compensation” actually works.
Read MoreThe state and local tax deduction cap jumped from $10K to $40K. If you’ve been taking the standard deduction on autopilot, that decision needs to be re-run.
Read MoreBrokers routinely report $0 cost basis on vested RSUs. File it as-is and you pay tax on the same income twice. Here’s how the trap works and how to fix it.
Read MoreRomanchuk CPA LLC is a virtual CPA firm offering tax preparation, advisory, and year-round support for small businesses and their owners, professionals, and individuals with complex tax situations - delivered through a secure digital process, at prices published before you even sign up.
Licensed CPA - Serving clients in all 50 states - Established 2014 - 500+ Clients
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