S-Corp vs LLC in Texas: How Much Business Owners Actually Save on Taxes
Texas business owners leaving thousands on the table don’t realize one simple fact: S-Corporation election can save $9,000-$15,000+ annually in self-employment taxes for businesses netting $80,000 or more. The difference between operating as a sole proprietor or LLC versus electing S-Corp status comes down to how the IRS treats your income—and that treatment creates massive […]
Texas Business Owners: Your DIY Bookkeeping Probably Costs $40K More Than You Think
Texas business owners consistently underestimate DIY bookkeeping costs. A Journal of Accounting and Finance study found companies outsourcing bookkeeping average 25% cost savings compared to maintaining in-house teams. Yet many keep handling books themselves, convinced they’re saving money. The actual math tells a different story. The Visible Costs Start with salary. The Bureau of Labor […]
High Rental Percentages Cost Texas HOA Communities Thousands in Hidden Expenses
The 30% rental threshold keeps surfacing in HOA discussions across Texas. It’s where lenders tighten requirements, insurance companies adjust premiums upward, and property value appreciation begins slowing. Yet many Texas communities sail past this percentage without understanding the financial trade-offs. About 75.5 million Americans now live in HOA communities—representing over 30% of U.S. housing stock […]
Up to $1,000 Per Worker: Texas Businesses Face Criminal Penalties for Worker Misclassification
Worker misclassification has become one of the most costly compliance mistakes Texas businesses make. With penalties reaching $1,000 per worker for intentional violations—plus criminal charges and potential jail time—the stakes have never been higher. Between 10% and 30% of U.S. employers have misclassified at least one worker, creating a $3-4 billion annual hole in federal […]
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