Running a small business can be challenging, but involving your children can offer many benefits, including potential tax deductions. By assigning age...
In today's competitive market, pricing your services accurately can make or break your small business. Unfortunately, many small business owners find ...
Navigating the financial complexities of running a small business can be stressful. However, with the right guidance and strategic moves, it's possibl...
StrategicĀ cash flow management is vital for businesses aiming for long-term sustainability and growth. When it comes to divvying up profits, think of ...
As a small business owner, managing finances effectively is not just about boosting revenue, but also about optimizing expenses. One key area that can...
Understanding your financial statements is one of the most important skills you can develop to help your small business.Ā If you're looking for an intr...
Ā Did you use to operateĀ your business as a single-member LLC, but recently made a S Corporation election?
You probably never had an issue deducting y...
10 Proven Strategies to Lower Your Schedule C Taxes
Use a Section 105 plan to turn your health insurance costs into business expenses
If youā€™re marr...
Did you receive anĀ Economic Injury Disaster Loan (EIDL) loan for your business? If so, you may have missed some of the conditions and requirements in ...
10 Ways to Slash S Corp. Taxes. Proven Strategies for Saving BIG Money.
Reduce S Corporation Owner's Wages
As the owner of an S corporation, you can...
An employee performs work for you under your direct or indirect supervision, during hours that you specify and conditions you control. You also withho...
Entertainment expenses incurred to entertain a client, customer, or employee may be deductible if the expense meets two tests. First, the entertainmen...
