DP Financial & Tax

Seven tips for a sound strategy Health Savings Accounts (HSAs) have quickly risen in popularity over the past few years. In a nutshell, an HSA is a tax-advantaged savings account that is owned by an employee or self-employed person. According to the America’s Health Insurance Plans (AHIP), enrollment in health savings account/high-deductible health plans (HSA/HDHPs) totaled 19.7 million in January 2015, up from 17.4 million in 2014. Market forces are pushing employers and

Taken from the following article: http://www.cirruspayroll.com/why-s-corp-owners-need-payroll/ If you’re a business owner, it’s common to think you can pay yourself whatever you want, whenever you want (as long as the money’s there). It’s your business after all, right? Well, as with most questions that involve the IRS: it’s not that simple. If your business has elected S Corporation status with the IRS, and you perform services for your business, the IRS actually requires y