What Contractors Need to Know About the FinCEN BOI Reporting Requirement

What Contractors Need to Know About the FinCEN BOI Reporting Requirement

by Svetlana (Lana) Griffin, CPA | Mar 25, 2024 | Secondary 3 Featured

Svetana Griffin CPA, QBO ProAdvisor (Advanced) What Contractors Need to Know About the FinCEN BOI Reporting Requirement The Financial Crimes Enforcement Network (FinCEN) has recently rolled out a significant regulatory measure known as the Beneficial Ownership...
Comparing Standard Mileage Deduction vs. Actual Auto Expenses (2024)

Comparing Standard Mileage Deduction vs. Actual Auto Expenses (2024)

by Svetlana (Lana) Griffin, CPA | Mar 21, 2024 | Secondary 3 Featured

Svetana Griffin CPA, QBO ProAdvisor (Advanced) Comparing Standard Mileage Deduction vs. Actual Auto Expenses (2024) Vehicle expenses can be a significant cost for small businesses, especially for contractors and other home service companies who travel to their...
How to Determine Reasonable Salary Compensation as an S-Corp Owner

How to Determine Reasonable Salary Compensation as an S-Corp Owner

by Svetlana (Lana) Griffin, CPA | Jan 8, 2024 | Top 2 Featured

Determining How Much Salary to Pay Yourself as an S-Corp Owner (2024) Svetana Griffin CPA, QBO ProAdvisor (Advanced) When one is employed at a company that they do not own, they generally want the largest salary they can possibly get. But as a small business owner,...
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