Yep, you can write that off! We’re here to help you maximize your profits, minimize your tax liability, and tap into the right tax deductions for your small business.
If you’ve made the leap to becoming an S Corporation, congratulations! That’s a big step toward building a business that works smarter for you. But with that new tax filing status comes a not-so-fancy but incredibly important responsibility: paying yourself a reasonable salary. Wait—what’s “reasonable,” anyway? And who decides? Let’s unpack it together. What Is […]
As a business owner, you juggle a million things—inventory, payroll, customer satisfaction, and the ever-important quest to support your employees so they can be engaged and productive. If you have parents with small children on your team, you know that the demands of parenting, coupled with rising childcare costs, can lead to absenteeism, decreased employee […]
When you run a business, “cash is king” isn’t just a catchy phrase; it’s a survival rule. But what if there’s a way to improve your cash flow that doesn’t involve raising prices, chasing down invoices, or cutting your break-room snack budget? There is, and it’s called strategic tax planning—the not-so-secret weapon smart business owners […]
As a business owner, you probably know that there are potential tax-related upsides and downsides for every type of business entity. But the question is, what exactly are those tax advantages and how do they apply to you? Deciding which legal business structure to form for your business is SO important! So let’s take a […]
When you’re working for an employer, it is their responsibility to ensure that federal and state taxes are withheld from your paycheck. However, if you’re an independent contractor, freelancer, own your own business, or do any income-producing side hustle, the burden to pay Uncle Sam is solely on you. Bummer, I know. The good news […]
New tax-related scams come to light every year… and unfortunately, this year is no different. So far in 2025, the IRS has identified thousands of fraudulent domains tied to text scams, known as smishing. Smishing campaigns target mobile phone users, and the scam texts often look like they’re coming from the IRS, with fake messages […]
Traveling for business is a necessary—and sometimes fun—part of running a company. Whether you’re meeting with clients or suppliers, attending conferences, or scouting out new opportunities, these trips come with significant expenses. The good news? The IRS lets you deduct many of these costs. But before you start tossing every receipt into the tax-deductible pile, […]
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