“Five Things to KnowAbout Employing Your Spouse” To get my complete, FREE articlewith all the details… If you run your business as a proprietorship, partnership, or LLC taxed as a proprietorship or partnership, I’ve got good news for you. If you handle things the right way, hiring your spouse to work as an employee can be a great tax-savings … [Read more...]
Tax Planning
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Take the One-Way Ticket to the Corporate Owner’s Home-Office Deduction
“Take The One-Way Ticket to theCorporate Owner’s Home-Office Deduction” To get my complete, FREE articlewith all the details… The Tax Cuts and Jobs Act made many changes to the law. Here’s one change that you should definitely know about... Thanks to the Tax Cuts and Jobs Act, there’s only one way for you,the corporate owner, to benefit from the home office … [Read more...]
How Failed Mileage Logs Kill Mileage Deductions
“How Failed Mileage Logs KillMileage Deductions” To get my complete, FREE articlewith all the details… Here are four words that can save you a whole lot of grief. Keep a mileage log. Here’s why: If you fail to keep an up-to-date, accurate mileage log, it can cost you time and money during an IRS examination... and then can result in your getting zero vehicle … [Read more...]
It’s Not Too Late to Qualify for Your 2020 and 2021 ERC Money
“It’s Not Too Late to Qualifyfor Your 2020 and 2021 ERC Money” To get my complete, FREE articlewith all the details… The clock is ticking. This means that you’d better act in 2023 if you want to qualify for the “employee retention credit” (ERC) for years 2020 and 2021. You see, if you qualify,you can still come out a winner. By that I mean you might still be … [Read more...]
Claim Your Missed 2021 COVID Sick and Family Leave Credits Today
“Claim Your Missed 2021 COVIDSick and Family Leave Credits Today” To get my complete, FREE articlewith all the details… It’s a fact I’ll bet you’re aware of. During 2021, the COVID-19 pandemic forced many self-employed individuals and corporate owner/employees to miss work... which means lost income! The federal government took steps to help. As a response to … [Read more...]