Shane Williamson CPA

Shane Williamson CPA We handle the books, so you can handle business. Bookkeeping, Tax & Payroll solutions for small biz.

05/28/2026

If you own an S-corp and a home, you're probably leaving thousands of dollars on the table every year.

The Augusta Rule — named after Augusta, Georgia, where Masters week homeowners famously rent out their houses — lets you rent your home up to 14 days a year, completely tax-free.

Here's where it gets interesting for S-corp owners:
→ Your S-corp rents your home from you (for a real business purpose — board meetings, strategy retreats, etc.)
→ Your business deducts the rent expense
→ You collect the cash personally
→ Under the Augusta Rule, you pay zero tax on it

Quick example using my own home in Denver: ~$1,000/night × 10 nights = $10,000 in deductions and ~$3,200 in tax savings at a 32% bracket. Every single year.

The catch is documentation. You need a real business purpose, defensible rates, meeting agendas, and photos. Done right, it's bulletproof.

Want our Augusta Rule template agreements and a full walkthrough? Comment AUGUSTA below, or learn more about how we work with S-corp owners → https://s-corp.biz

05/26/2026

"My CPA saved me so much money this year I bought him a $180 steak."

That's Will Retherford — runs Citizens of Sound, a podcast production company out of Tulsa, Oklahoma. He came to us not really knowing what he didn't know about taxes.
Most small business owners are in the same spot. Their CPA does tax prep — files the return, sends it in — but isn't doing actual tax strategy. There's a massive difference, and it shows up in your bank account every year.

For Will we:
→ Dialed in his S-corp structure
→ Set up his reasonable comp and distribution split correctly
→ Built a system where he actually understands where his money is going
→ Made tax planning a year-round conversation instead of an April scramble

Result: meaningful savings, and apparently a celebratory steak dinner for us!

If your CPA hasn't earned a $180 steak this year, we should talk
→ https://s-corp.biz

Or comment STEAK below and we'll show you what proactive S-corp tax management actually looks like.

05/15/2026

Most S-corp owners I talk to don’t realize the IRS expects quarterly payments — until the penalty letter shows up.

Q2 is due June 15. If you took distributions from your business this year, you probably owe estimated taxes.

Three things to know:
→ The IRS won’t bill you. Penalties accrue silently.
→ You can schedule all payments at once via EFTPS.
→ Underpayment penalty is ~8% annualized

Comment AUTOPILOT for 3 proven tax strategies you can use this year to save thousands.

05/02/2026

If you’re a business owner making over $100k in profit and the business isn’t taxed as an s-corp, we should talk!

s-corp.biz/contact

We're releasing our new Tax Dashboard for both s-corp taxes AND personal tax. Imagine on-demand access to what your tax...
10/22/2025

We're releasing our new Tax Dashboard for both s-corp taxes AND personal tax. Imagine on-demand access to what your tax bill is going to look like, based on your QuickBooks account, all year long!

Interested in getting FREE early access? Book a call with me to find out more!
http://meet.s-corp.biz/meetings/shane-williamson/initial-consult

04/20/2024

Just because you missed the tax deadline doesn't mean there's no rush to file. If you owe tax, the interest is accumulating!

We are currently accepting new clients on a subscription basis, and also offer clean up and back tax filing services for our subscribers.

Book a free initial consult on our website's contact page to talk to a CPA about your situation.

Startup Checklist! If you're starting a new business, there are a few things you should do to make sure you don't have ...
05/10/2023

Startup Checklist! If you're starting a new business, there are a few things you should do to make sure you don't have a mess at tax time. First and foremost, you gotta keep your receipts for business expenses, and you gotta get a separate bank account for your business. You probably know to create an LLC, but do you know when to make the election to be taxed as an S Corp? Do you know why S Corps are good for some businesses, and not others? Check out our article on starting a new business to make sure you're in good shape!

https://s-corp.biz/resources/creating-a-new-s-corporation/

Did you know that the baby boomers, who own many of the small businesses in the United States, are nearing retirement ag...
04/20/2023

Did you know that the baby boomers, who own many of the small businesses in the United States, are nearing retirement age? According to a recent study by the U.S. Small Business Administration, more than 50% of baby boomer business owners plan to sell or transfer their businesses within the next decade. This means that there will be a significant number of small businesses up for sale in the coming years.

If you're looking to take advantage of this trend, it is essential to have a comprehensive plan in place. Our team can help you navigate the complexities of buying business, and ensure that you're in the best possible position for a successful acquisition.

Check out this article on S-Corp acquisitions for more details:
https://s-corp.biz/resources/buying-an-s-corporation/

The number one mistake small business owners make when it comes to tax, is they think their LLC is taxed. In fact, only...
02/07/2023

The number one mistake small business owners make when it comes to tax, is they think their LLC is taxed. In fact, only corporations are taxed, and even then only some corporations. Generally, it's actually normally small business owners that are paying tax, not their business.

Ok, who cares? If you own your business, what's the difference? Well in most cases there's little or no difference, but there's one magical exception: the S Corporation. If your business files as an S Corporation you will almost always pay less in tax.

This begs the question... What exactly IS an S Corporation?
Here's the answer: https://s-corp.biz/resources/what-is-an-s-corp/

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Tuesday 8am - 8pm

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