"Any society that would give up a little liberty to gain a little security will deserve neither and lose both." ~ Benjamin Franklin

It's Never Far From My Mind

>> Friday, November 09, 2007

Doug is self-employed. Before we got together he set up an S corporation which, while a great move, requires additional paperwork that must be sent to the IRS prior to the tax deadline of April 15.

If you have recently set up an S corporation or are thinking about it make sure you do your homework and know what you need to do to keep it all legit.

Because while it can really save you- both money and your personal life- it can be confusing. Trust me-I’m still learning.


Jill 12:37 PM  

Good reminder. We're an S Corp at the gallery, too. Every year I have to circle MARCH 15 on the calendar for tax time.

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