Do You Have the Right Business Entity for Your Section 199A Deduction? To get my complete article with all the details… You're a high-earning Schedule C filer — 1099s, single-member LLC, sole proprietor — and you assume your 20 percent Section 199A deduction is safe. It isn't, not if your taxable income climbs too high without payroll or depreciable property behind … [Read more...]
Self-employment Tax
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Paying Partnership Expenses Out Of Pocket? Here’s What You Can — And Can’t — Deduct.
Paying Partnership Expenses Out Of Pocket? Here’s What You Can — And Can’t — Deduct. To get my complete article with all the details… You're a partner in a medical practice, law firm, or accounting firm. Every year you reach into your own pocket for client meals, car expenses, continuing education, and home-office costs. But whether those out-of-pocket expenses … [Read more...]
One PDF. All Your 2026 Tax Numbers
One PDF. All Your 2026 Tax Numbers To get my complete article with all the details… Having the right numbers at your fingertips can save more than time—it can prevent costly mistakes. Here’s why this caught my attention: I’ve always found that the small numbers—the ones you don’t look up twice—are the ones that tend to cause the most trouble. This guide keeps … [Read more...]
2026 Tax Numbers in One Place
Download Now: Your Must-Have“2026 Tax Resource Guide” To get my complete article with all the details… Tax rates. Mileage rates. Retirement limits. Standard deductions. You'll look these up dozens of times this year. Why search every time when you can click once? The 2026 Tax Resource Guide puts the numbers you need most in a single PDF—ready to save, print, or … [Read more...]
Routing Commissions Through an S Corp? Read This First.
“Commissions Assigned as S CorporationManagement Fees, Exposed” To get my complete article with all the details… Route commissions through an S corp. Pay yourself a salary. Take the rest as distributions. Save on self-employment tax. You've heard it. Your colleagues do it. But the IRS asks one question that unravels everything—and it has nothing to do with where … [Read more...]