Understanding the Tax Benefits of Choosing an S Corporation Over an LLCBrought to you by Blue Ocean Tax Advisors When deciding on a business structure, one of the critical choices entrepreneurs face is whether to form an S Corporation (S Corp) or a Limited Liability Company (LLC). Both structures provide liability protection and pass-through taxation, […]
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The Benefits of the Augusta Tax Rule: Maximizing Savings for Homeowners
As a homeowner, you’re likely always on the lookout for ways to make the most of your investment. One often overlooked opportunity is the Augusta Tax Rule, a provision in the U.S. tax code that allows homeowners to rent out their homes for short periods without paying taxes on the rental income. At Blue Ocean […]
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