“Heavy Vehicle + Deductible Home Office= Major Tax Savings” To get my complete articlewith all the details… Did you know that buying a "heavy" vehicle for your business could lead to a $61,824 first-year tax write-off on a $90,000 purchase? In our latest tax strategy guide, discover how combining a qualifying heavy vehicle with a home office deduction can maximize … [Read more...]
Choice of entity
Sorted by Date
Are You Paying Yourself the Right Way? Many Business Owners Get It Wrong
“How to Correctly Pay Yourselfand Take Cash from Your Business” To get my complete articlewith all the details… Are you on payroll? Should you be? Paying yourself from your business might seem simple, but the wrong approach can lead to unexpected tax consequences. Whether you're a sole proprietor, LLC owner, or running an S or C corporation, your entity structure … [Read more...]
Are You Prepared for the FinCEN BOI Reporting Rollercoaster?
“Court Battles Rage: File YourFinCEN BOI Report Now or Wait?” To get my complete articlewith all the details… The Corporate Transparency Act (CTA) has created a whirlwind of legal battles, confusion, and uncertainty. With a nationwide injunction temporarily halting the requirement to file FinCEN Beneficial Ownership Information (BOI) reports, many businesses are left … [Read more...]
Maximize Tax Savings with These Year-End Medical Plan Strategies
"Maximize Tax Savings with TheseYear-End Medical Plan Strategies" To get my complete articlewith all the details… As the year comes to a close, it’s the perfect time to ensure your business is taking full advantage of every available tax-saving opportunity. Medical plans for small businesses with 1-49 employees are an often-overlooked goldmine for deductions, credits, … [Read more...]
Unlock the Tax Secrets of Personal Property Rentals
"Unlock the Tax Secrets ofPersonal Property Rentals" To get my complete articlewith all the details… Are you renting out equipment, vehicles, or other personal property? If so, you could be missing out on crucial tax benefits – or worse, inadvertently breaking tax laws! Our latest article, "Know the Three Ways the Tax Law Treats Personal Property Rentals," is a … [Read more...]