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“Should I be an S corp?” is the most common planning question I get from Cleveland business owners, and most of the answers floating around online are written for a state with no city income tax and no Ohio-specific deductions. Here is the Ohio version. I am Josh Katz, a CPA in Beachwood, and I […]

“Should I be an S corp?” is the most common

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Every year a few owners call me in February with

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Accrual journal entries record revenue and expenses when they’re earned

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A bookkeeper handles the day-to-day recording of your transactions, while

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Most freelancers, sole proprietors, and small LLCs are better off

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There’s no single best state for every LLC. Wyoming is

3 mins read

  Starting a business can cost anywhere from under $100

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Starting a business as a sole proprietor is common for
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