7min chapter

Main Street Business cover image

#489 Accountant Q&A: Watch this to BEAT the IRS (legally)

Main Street Business

CHAPTER

S Corporation Property Use and Tax Implications for Businesses

Discussion on the tax implications of an S corporation purchasing a property for employee retreats and business use, with advice on leveraging tax benefits and Airbnb rental strategies. Included is guidance on creating an LLC for an online business and navigating New York state tax requirements.

00:00

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