Official Blog - Foster Financial CPA

flow-through entity allows this small business owner to only pay one form of taxes

February 24, 2020

What Is a Flow-Through Entity?

A flow-through entity is a legal business where income flows through to owners or investors. Learn if your corporation benefits from a flow-through entity.

February 07, 2020

How the SECURE Act Impacts Small Business Owners

SECURE seeks to give an accessible range of retirement options to your workers and promote financial stability for working-class Americans. Learn more here.

looking over QBI Deduction during tax season

January 24, 2020

What You Need to Know About the QBI Deduction

At Foster Financial CPA, our mission is to help businesses maximize tax savings. Let's take a look at what you need to know regarding your QBI deductions.

January 16, 2020

Do You Need to Send Out 1099s?

Small business owners need to be aware of financial responsibilities. If you hire independent contractors to help your business, you need to understand 1099s.

businessman on the phone in the office of his limited liability corporation

January 13, 2020

Checklist for Maintaining Your Limited Liability: Avoiding Piercing the Corporate Veil

One of the reasons for incorporating a limited liability company is to protect yourself from personal liability. Learn more about piercing the corporate veil.