Small Business Taxes

Business Tax FAQs for the Newly Self-Employed

Once you decide to launch a business or start working for yourself, it takes time to establish your business entity. If taxes… Read more

As a business owner, you’re likely familiar with the potential for financial setbacks, whether navigating the initial … Read more

If you’ve decided to start your own business, congrats! Welcome to the world of entrepreneurship. Coordinating all… Read more

Deducting the miles you drive for business purposes is a great way to lower your taxable income. But if you’re like most people,… Read more

As a small business owner, maximizing tax savings is key, and depreciation is a powerful tax break that is often overlooked.… Read more

The 2017 Tax Cuts and Jobs Act changed the playing field with a significant qualified business income deduction for a “qualified… Read more

The information in this article is up to date through tax year 2025 (taxes filed in 2026). Payroll taxes are taxes that… Read more

Compiling all the necessary documents and IRS forms, and adhering to their various deadlines, can be a daunting task that… Read more

If you are deciding whether to form a professional corporation (PC) or a limited liability company (LLC), there are several… Read more

The information in this article is up to date through tax year 2022 (taxes filed in 2023). Schedule K-1 can be attached to… Read more