Can You Depreciate a Classic Car You Use in Business?
In the 1990s, a professional musician named Brian Liddle deducted part of the cost of his bass viol — a rare, 17th-century
Blog
Running a business in the U.S. comes with endless questions — taxes, payroll, bookkeeping, compliance. Our blog answers them. Get clear, practical guidance from CPAs on IRS updates, tax-saving strategies, and everything you need to start and grow your business with confidence.
Subscribe to Manay CPA’s weekly newsletter delivering top strategies and trends for those who want better results.
QBI Deduction 2026: What Actually Changed, and What Didn’t Start with the number that isn’t real. A lot of business owners are […]
Pet Tax Deductions: What You Can and Can’t Claim
Owning a pet can be emotionally rewarding. However, having a pet comes with additional expenses.
What is IRS Form 8332?
When the parents of a child are divorced or separated, the question arises as to
Everything You Need to Know About Form 720
When it comes to filing taxes, businesses often encounter various forms and regulations that can
IRS Form 2555 Foreign Earned Income Exclusion for Expats
For U.S. citizens and residents living abroad, navigating the complexities of the tax code is
Latest New
Can Your Small Business Deduct Inventory When You Buy It?
If you’re an Amazon or Shopify seller, an importer, or run a small manufacturing business, here’s the honest answer: usually, no, not
Missed an RMD? Here’s How to Get the Penalty Waived
If you missed a Required Minimum Distribution (RMD), there’s a penalty involved, but it’s not automatic and it’s usually fixable. The steps
Your ERC Refund Arrived in 2026. Now What?
The Current Situation A significant number of Employee Retention Credit (ERC) claims filed in 2022 and 2023 are only now being processed,
The “Rent Assets to Your Own Corporation” Myth
A Frequently Repeated Claim The claim circulates widely across social media and informal advisory channels, typically presented with considerable confidence: rent a
Freeing Suspended Passive Losses — and the New 2026 Trap
Say you bought a rental property for $ 300,000 ten years ago. Depreciation and expenses have created a loss on paper almost
Join our Newsletter
With tools to make every part of your process more human and a support team excited to help you.