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Contractor Tax

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Contractor Tax

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2 articles

Tax Planning

LLC vs. S-Corp for Contractors: How to Compare the Tax Tradeoffs

Compare default LLC taxation with an S-Corp election using reasonable owner pay, a transparent employment-tax example, ongoing costs and current filing rules.

8 min read · Mar 2, 2026

Tax Planning

Contractor Equipment Depreciation: Section 179 and Bonus Rules for 2026

Compare Section 179, bonus depreciation, vehicle limits and equipment financing using current 2026 rules and a clearly labeled worked example.

5 min read · Mar 2, 2026