Reasonable Compensation and its Importance

Reasonable Compensation and its Importance

The Importance of Calculating and Taking Reasonable Compensation Wages for S Corporation Owners As a valued client of Senter CPA, it’s crucial to understand the significance of calculating and taking reasonable compensation wages, especially if you own an S...
Filing a Tax Extension

Filing a Tax Extension

It is not uncommon to have a need for more time to prepare your federal tax return. This post provides valuable information on how to apply for an extension of time to file. Please be aware that: An extension of time to file your return does not grant you any...
Traditional vs. Roth IRAs

Traditional vs. Roth IRAs

Saving for retirement can be a daunting task. Here, at Senter CPA, we can help you make some of those retirement decisions. One of those being the decision to put money into a Traditional retirement account or a Roth account. Everyone has a different tax situation...