September 15, 2022As a small business owner, you have to make sure that your books are in order and that you can…
September 14, 2022If you’re planning to acquire a qualified electric commercial clean vehicle, you may want to wait to take delivery after…
September 8, 2022One provision in the Inflation Reduction Act aimed at improving IRS customer service that has been met with criticism. …
September 7, 2022The Inflation Reduction Act of 2022 is a proposed bill in the 117th United States Congress. Its main objectives include…
August 25, 2022As year-end approaches, you may be wondering how you can offset income to reduce your tax burden. As a business…
August 18, 2022If you own a rental property and incurred a loss during the year, you may be able to deduct your…
August 11, 2022There are two main types of revenue streams in a business—active and passive. They are related to the product or…
August 4, 2022Income losses and expense offsets are used to reduce the tax burden on an individual or company. These can be…
July 28, 2022Are you unsure about whether you should change your business formation? Maybe your company’s growing. Maybe taxes are piling up…
July 22, 2022According to these small business statistics, “52.1% of small employer firms in the U.S. are S-corporations.” On the flip side,…