T&O Blog
Aestheticians & Financials… Related?
Advisory services are rarely considered a necessity by business owners. Compliance like tax preparation is what most people focus on for obvious reasons, but when it comes to financial planning and analysis, it goes largely ignored or is treated like a luxury.
Understanding Reasonable Compensation for S Corporation Owners
A deep dive into reasonable compensation and why it’s the most important factor for business owners considering an s-corporation election. Many business owners appear to misunderstand the S Corp election, and reasonable compensation is often overlooked or not approached correctly. Before we dive in, some things should be noted.
The Three Key Metrics Every Business Should Track
A lot of times you will hear someone say -our revenues have increased XX percent but what the true question should be-what are your margins? What is your gross profit, operating profit and net profit margin?
