I have not yet focused on business returns (S Corps, Estates, Trusts, C Corp, Partnerships)
1) No referrals yet for business returns
2) Its very profitable
3) I have not gone into business tax returns yet so I do not think many know I also do business tax returns. Plus most tax returns filed are individual and since we recenly passed the April 15th deadline, I was focusing on sharing the different aspects that make up individual returns. I will be expanding to business return preparation over the next 8 to 12 weeks.
I will be sharing about the benefits and pitfalls for small businesses especially single owner businesses filing as S Corps. There are traps to look out for. The Internal Revenue Service frequently audit S Corps Later I will share the main reason why.