5 Common Business Entities and Their Tax Implications

This article examines down the tax implications and compliance requirements for five popular entity options.

KWC is a team of accountants and advisors all dedicated to the founding principle of providing quality personal service. We are committed to helping you reach your financial goals by providing innovative accounting solutions to today’s complex problems. Our strong client relationships are built on the knowledge and responsiveness of our service teams. We take the time to understand you and your organization.  As your trusted advisors, we anticipate and plan for opportunities to drive your success.

KWC specializes in providing tax, audit, accounting, business consulting services and client advisory services (including outsourced accounting, virtual CFO services, internal control analysis, accounting systems analysis and design) for businesses, individuals, estates, trusts, non-profit organizations, and employee benefit plans. Our diverse client base served includes industries such as professional service firms, government contractors, non-profits, real estate, construction and specialty contractors, and healthcare providers. KWC is the CPA firm clients trust in Alexandria, Arlington, Fairfax, Tysons Corner, Springfield, Arlington, the Richmond Metropolitan Area, Northern Virginia, Washington, D.C. and Maryland.

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5 Common Business Entities and Their Tax Implications

5 Common Business Entities and Their Tax Implications

Choosing the right business entity is one of the most important decisions entrepreneurs make when launching or restructuring a business. The type of entity selected affects how the business is taxed, its administrative complexity, and who may be held personally liable...

KWC Names New Principals

KWC Names New Principals

We are pleased to announce that John Hall, Shelley Hyde and Amanda Ramsey have been named Principals with the firm. “John, Shelley and Amanda represent the firm's next generation of leaders,” said Connie Hammell, Managing Principal of KWC. “They have consistently...

8 Life Events That May Change Your Tax Situation

8 Life Events That May Change Your Tax Situation

Life is full of changes, and many significant milestones can affect your tax situation in unforeseen ways. Whether you're getting married, welcoming a new child, starting a new job or making other changes, it's important to understand how these events can affect your...