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Provision Business Services LLC

A Professional Bookkeeping Firm

Located in Albuquerque, Serving all of New Mexico

505-269-3783

How to post health insurance to your books

How to post health insurance to your books

Many business owners run health insurance payments through their business checking account.  Depending on how your business is organized (LLC, S-Corp, etc), health insurance may or may not be a business deduction and it may depend on how you book it. Health insurance...
S-Corp Shareholder Compensation

S-Corp Shareholder Compensation

Many small businesses are organized as S-Corporations (or S-Corps).  There are tax benefits for being organized as an S-Corp as opposed to being organized as a sole proprietor.  If you are a sole-proprietor or single member of an LLC, you can elect to be taxed as an...