Image courtesy of user "myrfa" on Pixabay.com Every year, I have a few S-corporation clients who complain that they have a tax liability on their personal return. Typically there's also a comment made about how "other people" they've talked to have S-corps and "never pay anything in taxes." This conversation happens several times a [...]
The tax treatment of charitable contributions made by an S-corporation is something that clients sometimes question. Here's a brief overview.