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Does your house cleaner factor into your home office deduction

Does Your House Cleaner Factor into Your Home Office Deduction?

Does Your House Cleaner Factor into Your Home Office Deduction? If you’re reading this right now, you likely have an office in your home and you know it qualifies for...
What To Know About 105-HRA Plans For Small Businesses

What You Need to Know About 105-HRA Plans for Small and Solo-Owned Businesses

In the past, we’ve talked a lot about common questions related to health insurance. One of the things we’ve covered in detail is the 105-HRA plan. This article is going...
Taxes and NFTs - Important Things To Understand

Taxes and NFTs: Important Things to Understand

NFTs (non-fungible tokens) are digital assets that people buy, sell, and trade. Lots of people have lost money on NFTs, while some lucky individuals have made decent money from them....
Small Business S-Corp Mistakes To Avoid

A Family Member S Corporation Health Insurance Mistake You Need to Avoid

If you own an S corporation, you know you are required to follow certain rules and regulations. However, there can be some confusion over certain aspects. Below, we’ll be discussing...
1099 Requirements For Businesses

1099 Requirements for Businesses: What You Need to Know

The Internal Revenue Service (IRS) requires a business to complete and distribute 1099 forms to payees and the federal and state taxing authorities. The 1099 form allows businesses to report...
IRS Mileage

Are You Cheating Yourself by Using IRS Mileage Rates?

Are you using the standard IRS mileage rates for your business travels? Did you even know there was another option? The good news is that there is, and it might...
Last Minute Vehicle Purchases

2022 Last-Minute Vehicle Purchases to Save on Taxes

It’s that time of year again: tax time. Businesses across the US are gearing up for the grueling task of limiting their liability, maximizing tax deductions, and protecting their profits....
Tax Credits To End 2022

New Tax Credits to End 2022

Have you heard about the Inflation Reduction Act? Signed into law by President Biden on August 16, 2022, it contains several extremely valuable tax credits for homeowners (along with many...
Business Tax Credits For Electric Vehicle Purchases

Business Tax Credits For Your Electric Vehicle Purchase

If you’re thinking about buying an electric vehicle soon for business or personal use, you need to know how the Inflation Reduction Act of 2022 will impact your purchase. There’s...