As a business owner, you can’t just skip payroll conversations, and that includes the year-end 1099s.
Doing Business In California Is Taxing
The State of California recently sent out tax demand letters to people, en masse, which needs a response within the next 30 days.
Ins & Outs of How to Treat Self-Employed Health Insurance
As a business owner, one of the most important things you need to do is to find ways to reduce your taxes. Reducing your tax is 100% legal so there’s no reason to be intimidated or scared.
How An S-Corp Can Save You Big Money On Tax
Have you hit your financial milestone as an LLC? Are you now in a position where you’re getting a net income? If so, there are things you can do to help you save on your taxes. Because you could actually be overpaying in tax to some degree, depending on your situation.
Prime Year-End Tax Planning Happens When Q3 Ends
Whether you’re in the middle of 2020, or in the middle of 2021, the end of Q3 is a special time for you to get your financial foundations in place.
Your Best Work Happens When The Books Are Done
Many business owners are continually running on all cylinders in their business and they don’t understand what a good set of books could do for them. That’s why people need to have a clear vision of their business finances so they can reap the “play” benefits of owning a business.
Income Tax Planning For Your Next Big Quarter or Launch
As a business owner, it’s your responsibility to understand tax – its basics at the very least – because that’s part of managing your business.
The IRS Is NOT Your Boss, So Stop Acting Like It!
Stress is a huge thing when you talk about the IRS. But it’s a matter of changing your mindset, having a plan in place, and getting the help that you need. Here are 7 ways to help you deal with the IRS process minus all the stress and fear.
How to Navigate Sales Tax On Your Own
A lot of people feel scared and overwhelmed when they hear the word “tax.” But it doesn’t have to be scary. It’s just a matter of understanding the basics and having a strategic plan in place.
How to Legally Rent Your Home
for Tax-Deductible Business Purposes
Ever heard of the “Masters Rule”? This rule allows you to rent your home to your business for 14 days tax-free. This post includes more details about this strategy and how to do it legally.