Major Reasons Why LLC is the Right Structure for Your Business
This business structure is attractive for start-ups and growing businesses. Not only is it flexible and easy to start, but it also […]
Dark Side of C Corporation
The idea of operating a business as a C Corporation has become more attractive with the reduction of the corporate tax rate, […]
Everything You Need to Know About Form W-2
What Is a W-2 Form? A W-2 form or a form W-2 is a technical term for a Wage and Tax Statement […]
Disaster Strikes: Next Trouble, IRS Audit
Business owners face the potential of losses when disaster strikes. Your property, inventory, contracts, and capital expenditures are at stake. You also […]
Married, Filing Separately Could Be Better
Married couples don’t have to file taxes together. Filing separately is smarter and more efficient in certain cases. Married filing separately is […]
Your First 6 Basic Steps to Starting a New Business Formation
As an entrepreneur, starting a home company is a perfect way to start a new business formation. Around 50 percent of US […]
Got cryptocurrency? Get ready to pay taxes!
It is inevitable that cryptocurrency markets are currently all over the place. More than 6700 cryptocurrencies are traded publicly today. We now […]
Why Hire a Professional Tax Preparer?
With the beginning of the tax season, it’s about time taxpayers start anxiously wading through their tax records to get a hold […]
10 Proven Tax Reduction Strategies
You can feel overwhelmed when you search our archive library for tax reduction strategies that apply to the self-employed. For example, a […]
You can still get up to $150,000 from the SBA
Can your business use an infusion of cash to deal with losses caused by the COVID-19 epidemic? The hugely popular federal Payroll […]
Navigating Net Operating Loss Rules & Charitable Giving
Keeping Up With the Net Operating Loss Rules When a trade or business’s deductible expenses exceed its income, a net operating loss […]
The SBA Reopens EIDL and EIDL Advance Program Portal
The SBA has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts […]