When Not Raising Your Shop's Prices Becomes the Bigger Risk
A lot of shop owners treat a price increase like something they have to justify to themselves before they can justify it to a customer. So they wait....
Confused about S corporations and their taxes? In this episode of Kaizen Time, we go through key concepts like owner's compensation, K-1 forms, and basis. Finally, we discuss when the right time is to switch an S corporation or if that is the right choice for your business.
Do you have a question you'd like us to answer? Send us an email: bsb@kaizencpas.com
YPD HCM is part of the Kaizen CPAs family. YPD HCM specializes in payroll and HR compliance for small businesses, providing the hands-on support to get your people paid and stay compliant without having to become an expert yourself.
The information in this article is provided for general educational purposes and reflects conditions as of the publication date. It does not constitute legal, tax, or compliance advice. For guidance specific to your business, consult a qualified professional.
A lot of shop owners treat a price increase like something they have to justify to themselves before they can justify it to a customer. So they wait....
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