And it's tax day. That's right for business owners that own an entity corporation 1120 1120s 1065. You are all due today. So if you haven't filed, you…
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Tax questions
Small business & self-employed
Entity choice, self-employment tax, home office, vehicles, gig income, and keeping the IRS happy.
All topics
IRS letters & problems
Deadlines & filing
Deductions & credits
Small business & self-employed
Real estate & rentals
Retirement & Social Security
Family & education
Estate, gifts & inheritance
Investments & capital gains
Bookkeeping & payroll
Health & insurance
122 answers
And we've got a big deadline come Monday. If you have an LLC, a corporation, a partnership, or any type of separate entity pretty much that operates, then…
ListenYou know, we talked a lot, especially last year about QBI - Qualified Business Income. And some of the wonderful advantages of that 20% that you can get.…
ListenClassifying your employer versus contractor has been a conversation, goodness since I probably started my practice 20 plus years ago. And it comes down to this: it's been…
ListenMaking major renovations to your home to support an in-home business, you may be able to take depreciation deductions. In 2008, a couple expanded their existing residence by…
ListenWe started a new year. And now's the time to think about bookkeeping or keeping track of your tax records. If you need assistance, helping you with tracking…
ListenKeep in mind if you're in a partnership that owns a single member, LLC, that you must pay self-employment tax. Remember single-member LLC or basically sole proprietorship, this…
ListenSmall business owners. You know, I love small business owners because entrepreneurs, I think, are the heartbeat of this country because they often see things in a unique…
ListenMany times people start out companies and, let's be honest, it starts towards the end of the year. Maybe you don't have a lot of sales or maybe…
ListenHome office. You know, many years, we've been taking home office for small businesses as a deduction. But coming about five years ago or so they came up…
ListenAre you self-employed? Are you an individual that has to do 1099s or even W-2s and miss cases for your employees? First thing when we're talking 1099s, are…
ListenCan I claim a tax deduction for a newspaper subscription? It depends, actually. Listen to this short podcast to know the answer.
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