Taxpayer’s Comprehensive Guide to LLCs and S Corps

Taxpayer’s Comprehensive Guide to LLCs and S Corps

By: Jason Watson / Posted Sunday, November 11, 2018
Posted By: Jason Watson

Book CoverWCG (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 support@watsoncpagroup.com.

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-

LLC and S Corp Shortie Book

Read about small business tax updates in the shortened 2021-2022 Edition, in an accessible PDF!

Knowledgebase Version

Meet the author, and explore LLC and S Corp guide excerpts from our book with helpful tips!

Tax Center

Access comprehensive tax services, including refunds, audits, and consultations, all in one place!

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-

Amazon Paperback For $24.95

Read about tax updates for small business owners in the 2019  Edition.  Now on Amazon!

Instant PDF for $12.95

Read about tax updates for small business owners in the 2025 Edition, in an accessible PDF!

Kindle EBook for $17.95

Learn the latest tax updates and insights for small business owners, now on Kindle!

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.

Getting Started

Learn about important tax deadlines, document due dates, and other business tax return info.

Getting Started

Learn about important tax deadlines, document due dates, and other business tax return info.

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Professional Consultation

Did you want to chat about this? Do you have questions about Taxpayer’s Comprehensive Guide to LLCs and S Corps? Let’s chat!

The tax advisors and business consultants at WCG are not salespeople; we are not putting lipstick on a pig expecting you to love it. Our job remains being professionally detached, giving you information and letting you decide within our ethical guidelines and your risk profiles.

We see far too many crazy schemes and half-baked ideas from attorneys and wealth managers. In some cases, they are good ideas. In most cases, all the entities, layering and mixed ownership is only the illusion of precision. As Chris Rock says, just because you can drive your car with your feet doesn’t make it a good idea. In other words, let’s not automatically convert “you can” into “you must.” Yes, it is fun to brag about how complicated your world is at cocktail parties, but let’s not unnecessarily complicate it for the bragging rights.

Let’s chat so you can be smart about it.

We typically schedule a 20-minute complimentary quick chat with one of our Partners or Senior Tax Professionals to determine if we are a good fit for each other, and how an engagement with our team looks. Tax returns only? Business advisory? Tax prep, and more importantly tax strategy and planning?

Should we need to schedule an additional consultation, our fee is $250 for 40 minutes. Fun! If we decide to press forward with a Business Advisory or Tax Patrol Services engagement, we will credit the consultation fee towards those services.

Text WCG Offices

Need to get in touch through a quick text? We’ll respond back as soon as we can.

Call Our Amazing Team

If you need to speak to someone, we’re good listeners!  Give us a call and we’ll help you out!