self-employment taxes

Taxpayer’s Comprehensive Guide to LLCs and S Corps

By Jason Watson, CPA

Posted Sun, November 11, 2018

WCG (formerly Watson CPA Group) just released the 2019 Edition of our book on LLCs and S Corps. We did a quickie redo in January to get something out on the Section 199A qualified business income deduction plus a few other notables like meals and entertainment. Later in August 2018, the IRS released Proposed Regulations 1.199A to offer some additional insight to Section 199A. The Tax Adviser, Bradford Tax Institute, Kiplinger’s, BNA Bloomberg, the IRS and several others have been publishing articles and snippets on various issues facing small business owners.

Our book is built for the small business owner who is wondering about entity structures, late S Corp elections, reasonable shareholder salary, how payroll works, small business tax deductions and retirement options. However, our book is also written for other tax professionals who might need references and assistance with their own client’s unique situation. We continuously help other professionals as a pay-it-forward giveback, and our assistance is usually complimentary- hey we are all in this together.

Conversational Tone

Our book is written in a conversational tone. If you like perfect prose and editorial exactness that you would expect in a book on brain surgery, then we will be disappointing. We make jokes, some of which are only funny to ourselves. We don’t have the best punctuation. We might even have a missing word or a misspelling. We are nerdy accountants who did everything possible to avoid English literature and writing classes.

Purchasing Our Book

It is available in paperback for $24.95 from Amazon and as an eBook for Kindle for $17.95. Our book is also available for purchase as a PDF from ClickBank for $12.95. Why do we all love 95 cents? We all know that 12.95 is really 13 bucks. At least we are not like gas stations… $12.949. Silly! Yet we digress. Apple iBook, Barnes and Noble Nook, among others are not utilized since their format is challenging to make mini updates here and there.

If you have purchased our book in the past, Thank You! But, wait, there’s more! If you provide us your order number and date from Amazon, Kindle, ClickBank or some other vendor, we will ship you a paper copy at no charge. Please send us an email to [email protected].

Before you spend your money, we encourage you to review the highlights below and download a sample of Taxpayer’s Comprehensive Guide to LLCs and S Corps by using the following button, or the electronic yet full version from our KnowledgeBase-

But if you saying to yourself, “Self, just get the darn book and start taking care of business” then click on one of the buttons below-

Jason Watson, CPA is the Managing Partner of WCG (formerly Watson CPA Group), a business consultation and tax preparation firm, and is the author of Taxpayer’s Comprehensive Guide on LLC’s and S Corps which is available online.